Dollar rises slightly as Huawei Ban gets delayed

The US dollar rose slightly against most of its major counterparts on Tuesday after the US signaled a temporary ease for the Huawei crisis.

The US Commerce Department announced it had decided to temporarily grant Huawei an exemption to deal with technology companies in the United States.

The decision comes after Google announced yesterday that it has decided to suspend some business with Huawei for reasons of national security in compliance with Trump's announcement in this regard.

Tomorrow, the Federal Reserve meeting minutes will be released, which may send signals to the markets regarding the interest rate path and to determine if the Fed is going to be sticking with the patience approach or not.

In terms of trade, by 17:55 GMT, the dollar index rose by 0.1% to 98.02 points, with a high of 98.1 points and a low of 97.8 points.