Dollar firm as ‘headline ping-pong’ revives trade optimism - News Daily

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Wednesday, December 4, 2019

Dollar firm as ‘headline ping-pong’ revives trade optimism

By Tom Westbrook SINGAPORE (Reuters) - The dollar and export-oriented currencies found support on Thursday as upbeat trade comments from U.S. President Donald Trump cheered the market, while New Zealand's softer-than-expected banking reforms pushed the kiwi to a four-month high. The flight to safety seen on Wednesday reversed after Trump said trade talks with China were going "very well," a day after floating the idea that a deal might have to wait until after the 2020 presidential election

The post Dollar firm as ‘headline ping-pong’ revives trade optimism appeared first on Firstpost.



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