Dollar holds gains as investors cling to trade hopes

Wednesday, 13 November 2019 08:25 WIB

The dollar clung to most of its recent gains on Wednesday after U.S. President Donald Trump said a trade deal with China was œclose but offered no new details on negotiations to send the greenback higher. Hopes for an imminent a deal to wind back tit-for-tat tariffs the world™s two largest economies have imposed on each other have lifted the dollar 1% this week to a one-month high of 98.423 overnight against a basket of currencies. It slipped a little lower to 98.309, though moves were modest as investors waited for more concrete trade news. The dollar hit a month-high against the...

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ENERGY
Oil Pares Gains on US-China Trade Doubts
Wednesday, 13 November 2019 03:06 WIB Oil prices steadied after rising about 1% on Tuesday following a speech from U.S. President Donald Trump that offered few new details about...
CURRENCIES
Dollar holds gains as investors cling to trade hopes
Wednesday, 13 November 2019 08:25 WIB The dollar clung to most of its recent gains on Wednesday after U.S. President Donald Trump said a trade deal with China was œclose but offered...

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