2024-09-27 22:23
IndustryFOREX-Dollar climbs to two-week high as U.S.-China
NEW YORK, July 1 (Reuters) - The dollar rose to two-week highs on Monday after the
United States and China agreed to resume trade talks, with investors selling safe-haven
currencies such as the Japanese yen and Swiss franc as tensions eased between the world's
two largest economies.
While reports of an agreement had been flagged ahead of U.S. President Donald Trump
and Chinese counterparty Xi Jinping's meeting on the sidelines of the G20 meeting in
Osaka, Japan, the outcome was more positive than investors had expected.
Trump said he would hold back on new tariffs and China will buy more farm products,
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FOREX-Dollar climbs to two-week high as U.S.-China
| 2024-09-27 22:23NEW YORK, July 1 (Reuters) - The dollar rose to two-week highs on Monday after the
United States and China agreed to resume trade talks, with investors selling safe-haven
currencies such as the Japanese yen and Swiss franc as tensions eased between the world's
two largest economies.
While reports of an agreement had been flagged ahead of U.S. President Donald Trump
and Chinese counterparty Xi Jinping's meeting on the sidelines of the G20 meeting in
Osaka, Japan, the outcome was more positive than investors had expected.
Trump said he would hold back on new tariffs and China will buy more farm products,
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