The dollar held gains against its peers early on Friday, bolstered by a rise in U.S. yields, while the Aussie clawed back some of its recent plunge on upbeat central bank comments and easing concerns about China's ban on Australian coal imports.
The dollar index against a basket of six major currencies was little changed at 96.582 after edging up about 0.15 percent overnight when long-term Treasury yields surged to a one-week high amid on news of progress in U.S.-China trade talks.
The rise by the greenback, however, had been limited after Thursday's soft U.S. economic data, including an unexpected fall in core capital goods orders and weak existing home sales, which affirmed expectations that the Federal Reserve will hold interest rates steady.
The Australian dollar was up 0.3 percent at $0.7109 after sliding more than 1 percent to a 10-day low the previous day on fears a ban on the country's coal by a Chinese port would hurt Australia's already slowing economy.
Source : Reuters