The dollar and the safe-haven yen edged higher on Wednesday, but not much, as a ...
The dollar was marginally higher against the euro, regarded as a safe-haven by virtue of Japan's status as the world's biggest creditor, touched 108.37 per dollar, its highest since Friday, before settling at 108.47.
The United States and China have been locked in tit-for-tat tariff hikes that have dented the global economy. However they were dashed by another warning form U.S. President Donald Trump of more tariffs if talks collapse and by China’s stern response to the passage of two Hong Kong-related bills in the U.S. Senate.
China’s foreign ministry spokesman called it a blatant interference in China’s internal affairs, and said the U.S. faced “negative consequences” if it persisted.
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