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Dollar Steady as Trade Developments Eyed; Sterling Edges Up Before BoE

Thursday, 7 November 2019 16:11 WIB DOLLAR Poundsterling

The dollar was holding steady against a currency basket on Thursday as investors continued to watch developments in Sino-U.S. trade negotiations, while the British pound edged higher ahead of the Bank of England’s latest policy meeting. The U.S. dollar index against a basket of six major currencies was steady at 97.74 by 03:13 AM ET (08:13 GMT). Washington and Beijing must simultaneously cancel some existing tariffs on each other's goods for both sides to reach a "phase one" trade deal, the Chinese commerce ministry said on Thursday. China indicated it was ready to negotiate how much tariffs should be canceled. The comments came after reports on Wednesday that a meeting between U.S....

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Energy

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Precious Metals

Gold Steadies as U.S.-China Trade Issue in Focus
Friday, 22 November 2019 16:39 WIB
Gold steadied as investors weighed a week of contrasting reports on the U.S.-China trade issue. Spot gold +0.2% to $1,467.93/oz at 7:33am in London; -0.5% Thursday. Price little changed

CURRENCIES

The dollar was marginally down on Friday and risk appetite boosted by statements from China on the need to find a solution to the tit-for-tat tariff war with the United States, raising hopes that a

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