The dollar held firm against the yen on Friday, as comments from Beijing sparked...
TOKYO - The dollar held firm against the yen on Friday, as comments from Beijing sparked renewed hopes that China and the United States could get full-fledged negotiations back on track to resolve their protracted trade dispute.
The dollar index rose to as high as 98.554 on Thursday, a top last seen on Aug. 1, and last stood at 98.439. U.S. President Donald Trump said some discussions were taking place on Thursday, ahead of a looming deadline for additional U.S. tariffs on Sept. 1. The Australian dollar, often seen as a proxy bet on the Chinese economy, stood at $0.67295, just about a half cent above its 10-year low of $0.66775 hit on Aug. 7.
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