Major currency pairs were little changed on Friday in Asia amid mixed messages on the Sino-U.S. trade progress.<\/p>\n\n\n\n
The U.S. dollar index last traded at 97.835 by 1:05 AM ET (05:05 GMT), down 0.04%.<\/p>\n\n\n\n
The Wall Street Journal reported that China has invited top U.S. trade officials including U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin to Beijing for a new round of face-to-face negotiations.<\/p>\n\n\n\n
The report came one day after Reuters said a partial trade deal might not be signed this year.<\/p>\n\n\n\n
While officials from China hinted that Beijing and Washington hinted earlier this month that the two sides are close to signing a deal, U.S. President Donald Trump comments last week that said he did not agree to roll back existing tariffs dampened hopes of a quick trade deal.<\/p>\n\n\n\n
The USD\/CNY<\/a> pair, which is usually sensitive to trade news, was little changed at 7.0343.<\/p>\n\n\n\n “Headline fatigue has set in,” said Ray Attrill, National Australia Bank’s head of FX strategy, in a Reuters report.<\/p>\n\n\n\n “With the constant barrage of seemingly contradictory stuff, the market’s given up trying to second-guess…seeing is believing, and we’ll trade it once we know what’s happening.”<\/p>\n\n\n\n On the data front, flash purchasing managers index from Germany, the Eurozone, Britain and the United States are all due later on Friday.<\/p>\n\n\n\n The AUD\/USD<\/a> pair and the NZD\/USD<\/a> pair both traded 0.1% higher.<\/p>\n\n\n\n The GBP\/USD<\/a> pair was also near flat at 1.2916.<\/p>\n\n\n\n The USD\/JPY<\/a> pair was unchanged at 108.62.<\/p>\n","protected":false},"excerpt":{"rendered":" Major currency pairs were little changed on Friday in Asia amid mixed messages on the Sino-U.S. trade progress. The U.S. dollar index last traded at 97.835 by 1:05 AM ET (05:05 GMT), down 0.04%. The Wall Street Journal reported that China has invited top U.S. trade officials including U.S. Trade 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":[1],"tags":[],"class_list":["post-1866","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/posts\/1866","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=1866"}],"version-history":[{"count":1,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/posts\/1866\/revisions"}],"predecessor-version":[{"id":1867,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/posts\/1866\/revisions\/1867"}],"wp:attachment":[{"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/media?parent=1866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/categories?post=1866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/tags?post=1866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}