The dollar held near a 2-1/2-week high on Tuesday, supported by higher U.S.-yiel...
TOKYO - The dollar held near a 2-1/2-week high on Tuesday, supported by higher U.S.-yields and as intensifying trade frictions between the United States and China boosted appetite for the safe-haven greenback.
Global equities have taken a hit this week, with a U.S. crackdown on China’s Huawei Technologies driving chipmakers lower due to fears of a widening trade conflict. Federal Reserve Chair Jerome Powell said on Monday that it was premature to make a judgement about the impact trade and tariff issues could have on monetary policy.
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