Dollar keeps gains, shrugs off news about trade talks collapse

Economies.com
2019-09-20 18:57PM UTC

The US dollar rose today despite mixed news about the trade talks, amid several news reports about an issue that could mean the collapsing of this round of talks.

 

President Trump stated that his administration has removed the tariffs on 400 of Chinese imports.

 

Although, several news agencies reported that the Chinese delegation had canceled its visit to Montana which could mean the collapsing of this round of talks.

 

Trump also said in a press conference that China is making progress in the trade talks file with the US ahead of the next round scheduled on the first of October in Washington.

 

As of 18:46 GMT, dollar index rose by 0.3% to 98.5 points, with a high of 98.6 and a low of 98.2.

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