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Dollar Boosted By Trade Deal Optimism
Wednesday, 27 November 2019 16:13 WIB | CURRENCIES |DolarEuroDolar AS Indeks DolarDolarDOLLAR

The dollar pushed higher on Wednesday and flirted with the $1.10 level against the euro, boosted by yet more talk of a deal to resolve the U.S.-China trade dispute.

The greenback, which this week has risen in line with the more positive tone in trade negotiations, also increased versus the yen towards three-week highs.

Wednesday sees little new data releases in the euro zone but a clutch of revisions in the United States ahead of Thursday's Thanksgiving holiday.

The euro slipped 0.1 percent to $1.1011, close to a two-week low of $1.0989. Against a basket of currencies, the dollar index rose 0.1 percent to 98.352.

The yen, usually bought when investors turn nervous, has struggled in recent sessions as equity markets soared. The dollar gained another 0.1 percent to 109.18 yen on Wednesday.

Source : Reuters

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