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Dollar firms amid news for the resumption of US-China talks
US dollar stabilized during today's trading after news agencies pointed out that the United States intends to postpone imposing tariffs on its cars imports for six months.
In addition, US Treasury Secretary Steven Mnuchin told at Senate hearing that trade negotiations with China were constructive and he would travel to Beijing soon to resume talks.
On the other hand, Mnuchin noted that America is negotiating to resolve trade disputes, adding that the problem of resolving the tariffs problem on steel with Canada and Mexico is on its way to be resolved.
US retail sales fell 0.2% last month, in line with analysts expectations of the same rate.
In terms of trading, the dollar index (against a number of major currencies) stabilized at 97.3 points as of 18:03 GMT, reaching a high of 97.7 points and a low of 97.4 points.
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