The U.S. dollar was little changed on Friday in Asia after trading slightly higher earlier in the day amid optimism of progress in Sino-U.S. trade talks.<\/p>\n
The\u00a0<\/span>U.S. dollar index<\/a><\/span>\u00a0<\/span>that tracks the greenback against a basket of other currencies last traded at 95.732 by 12:01 AM ET (05:01 GMT), up 0.02%.<\/p>\n Citing people with knowledge to the matter, the Wall Street Journal said U.S. Treasury Secretary Steven Mnuchin is a proponent of easing tariffs on Chinese products.<\/p>\n The report sent U.S. stocks higher overnight, even after the Treasury Department quickly denied the news.<\/p>\n Chinese Vice Premier Liu He will visit the U.S. later this month for another round of trade talks.<\/p>\n Separately,\u00a0<\/span>jobless claims data<\/a><\/span>\u00a0<\/span>showed on Thursday that the U.S. government shutdown has yet to have an impact on jobs.<\/p>\n The number of people who filed for unemployment assistance in the U.S. hit its lowest level in five weeks, despite 27 days of a government shutdown which has furloughed 800,000 federal workers.<\/p>\n Meanwhile, the Chinese yuan was near flat against the U.S. dollar, as the\u00a0<\/span>USD\/CNY<\/a><\/span>pair traded at 6.7768, up 0.06%.<\/p>\n China\u2019s statistics bureau on Friday revised down its final 2017 gross domestic product (GDP) growth to 6.8% from the previous 6.9%.<\/p>\n The revision came ahead of Monday\u2019s release of preliminary GDP growth figures for the latest quarter and full-year 2018.<\/p>\n Sources have told Reuters earlier that Beijing is considering setting a lower economic growth target of 6-6.5% in 2019.<\/p>\n The People’s Bank of China (PBOC) set the yuan reference rate at 6.7665 on Friday vs the previous day’s fix of 6.7592.<\/p>\n Elsewhere, the\u00a0<\/span>USD\/JPY<\/a><\/span>\u00a0<\/span>pair was up 0.16% to 109.39.<\/p>\n The\u00a0<\/span>AUD\/USD<\/a><\/span>\u00a0<\/span>pair was unchanged at 0.7190.<\/p>\n","protected":false},"excerpt":{"rendered":" The U.S. dollar was little changed on Friday in Asia after trading slightly higher earlier in the day amid optimism of progress in Sino-U.S. trade talks. The\u00a0U.S. dollar index\u00a0that tracks the greenback against a basket of other currencies last traded at 95.732 by 12:01 AM ET (05:01 GMT), up 0.02%. Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[9,10,1],"tags":[],"class_list":["post-1187","post","type-post","status-publish","format-standard","hentry","category-homepage","category-latest-news","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/posts\/1187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/comments?post=1187"}],"version-history":[{"count":1,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/posts\/1187\/revisions"}],"predecessor-version":[{"id":1188,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/posts\/1187\/revisions\/1188"}],"wp:attachment":[{"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/media?parent=1187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/categories?post=1187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/tags?post=1187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}