The dollar eased back weekly gains on Friday, as news that U.S. President Donald Trump had spoken to Chinese President Xi Jinping increased investor appetite for riskier assets and traders waited for jobs data later in the session.
The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was down 0.17% to 96.11 as of 4:59 AM ET (8:59 GMT).
Trump and Xi spoke on the phone regarding trade on Friday, boosting sentiment that a trade deal will be reached when the two meet at G-20 summit later this month.
The dollar eased back weekly gains on Friday, as news that U.S. President Donald Trump had spoken to Chinese President Xi Jinping increased investor appetite for riskier assets and traders waited for jobs data later in the session.
The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was down 0.17% to 96.11 as of 4:59 AM ET (8:59 GMT).
Trump and Xi spoke on the phone regarding trade on Friday, boosting sentiment that a trade deal will be reached when the two meet at G-20 summit later this month.
The dollar eased back weekly gains on Friday, as news that U.S. President Donald Trump had spoken to Chinese President Xi Jinping increased investor appetite for riskier assets and traders waited for jobs data later in the session.
The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was down 0.17% to 96.11 as of 4:59 AM ET (8:59 GMT).
Trump and Xi spoke on the phone regarding trade on Friday, boosting sentiment that a trade deal will be reached when the two meet at G-20 summit later this month.
