The dollar edged up to a one-week high against the safe-haven yen on Thursday, a...
TOKYO - The dollar edged up to a one-week high against the safe-haven yen on Thursday, as some of the jitters ahead of the G20 summit in Japan eased amid hopes for progress there in resolving the Sino-U.S. trade war.
Later, analysts realised Mnuchin’s comment on degree of progress in talks was in the past tense, though the cautious optimism remained intact. “If the U.S.-China relationship show an improvement at the G20, China likely will no longer be in a hurry to implement steps to simulate its economy.”
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