Easy Trading Tips offers free forex and commodities technical analysis, trading forecast, latest stock market, forex, commodities & business news, real time quotes, live charts, live markets data, economic calendar and many more.

Dollar rises 0.5% vs. yen after U.S., China agree to resume talks

By Reuters
FILE PHOTO: A packet of U.S. five-dollar bills is inspected at the Bureau of Engraving and Printing in Washington March 26, 2015. REUTERS/Gary Cameron//File Photo
0

TOKYO (Reuters) – The dollar gained 0.5% against the yen on Monday after the United States and China agreed on Saturday to restart trade talks as U.S. President Donald Trump offered concessions on new tariffs and restrictions on tech company Huawei.

The dollar rose to 108.48 yen, extending its recovery from the near six-month low of 106.78 set last Tuesday while it also rose 0.3% against the Swiss franc, another safe haven currency, to 0.97935 franc.

Reuters
    You might also like More from author

    Leave A Reply

    Your email address will not be published.