News

Dollar Gains amid China-US Trade Optimism
Dollar Gains amid China-US Trade Optimism

Dollar Gains amid China-US Trade Optimism

Singapore, 12 May (ONA) --- The US dollar today climbed against its safe-haven counterparts after weekend talks between the US and China.

The dollar climbed 0.4% to 145.93 yen and 0.5% to 0.8337 Swiss francs.

The dollar index was little changed near a one-month high.

The euro stood at $1.1228, down 0.2%, and the sterling traded at $1.3288, down 0.3%.

China's offshore yuan rose about 0.2% to 7.224 yuan per dollar.

--- Ends/Khalid

Related News ..