Dollar index clings to gains, U.S.-China to hold trade talks

FAN Editor
FILE PHOTO - An employee of a bank counts US dollar notes at a branch in Hanoi
FILE PHOTO – An employee of a bank counts US dollar notes at a branch in Hanoi, Vietnam May 16, 2016. REUTERS/Kham

February 8, 2019

NEW YORK (Reuters) – The dollar on Friday clung to its earlier gains against a basket of currencies, hovering at level last seen in early January, after the Trump administration said China and the United States will hold high-level trade talks in Beijing on Feb. 14-15.

At 11:55 a.m. ET (1655 GMT), an index that tracks the greenback versus the euro, yen, sterling and three other currencies was up 0.1 percent at 96.606. Earlier Friday, the ICE dollar index touched 96.693, the highest level since Jan. 3.

(Reporting by Richard Leong; Editing by Tom Brown)

Free America Network Articles

Leave a Reply

Next Post

Alpine skiing: Holdener defends women’s combined title

Alpine Skiing – FIS Alpine World Ski Championships – Women’s Alpine Combined – Slalom – Are, Sweden – February 8, 2019 – Silver medalist Slovakia’s Petra Vlhova, gold medalist Switzerland’s Wendy Holdener and bronze medalist Norway’s Ragnhild Mowinckel celebrate on the podium. REUTERS/Leonhard Foeger February 8, 2019 ARE, Sweden (Reuters) […]

You May Like