2019 August, 28, 06:44:59 AM

The U.S. Dollar Steadied On Wednesday In Asia

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By Investing.com---

 

The U.S. dollar steadied on Wednesday in Asia after falling overnight amid Sino-U.S. trade uncertainties and an inversion of the U.S. yield curve.

The U.S. dollar index that tracks the greenback against a basket of other currencies was up 0.1% to 97.998 by 12:58 AM ET (04:58 GMT).

Developments in the trade dispute between the U.S. and China remained in focus. U.S. President Donald Trump claimed Monday that Chinese officials had called and offered to resume negotiations, but Beijing claimed the next day that it was not aware the phone call took place. Read the full story on Investing.com

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