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U.S. Dollar Rises on Huawei, Trade Relief


Tuesday, 21 May 2019 23:31 WIB

DOLLARCurrency Indeks Dolar


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The U.S. dollar rose Tuesday, hitting a three-week high as investor tension eased after the U.S. removed some restrictions on Chinese tech giant Huawei.

The U.S. dollar index, which measures the greenback's strength against a basket of six major currencies, was up 0.2% to 97.922 as of 10:32 AM ET (14:32 GMT) after hitting an earlier high of 97.965.

The U.S. Commerce Department lifted some sanctions that will allow Huawei to purchase American goods after investors voiced worry that the ban could have a strong global impact on technology companies.

The dollar was down against the safe-haven yen, with USD/JPY falling 0.1% to 109.93.

Source : Investing.com


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