FOREX-Aussie greenback up on hopes of US-China commerce deal, sterling holds positive factors

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FOREX-Aussie greenback up on hopes of US-China commerce deal, sterling holds positive factors

* Euro up vs greenback as threat urge for food returns* Swedish, Norwegian crowns rise after main falls* Graphic: World FX charges in 2019 http://t


* Euro up vs greenback as threat urge for food returns

* Swedish, Norwegian crowns rise after main falls

* Graphic: World FX charges in 2019 http://tmsnrt.rs/2egbfVh

By Olga Cotaga

LONDON, Oct 11 (Reuters) – The Australian greenback and China’s yuan, typically seen as barometers of investor threat urge for food, rose on Friday on hopes of progress in U.S.-China commerce talks, whereas optimistic feedback from Eire on Brexit boosted the British pound.

High U.S. and Chinese language negotiators wrapped up their first day of commerce talks on Thursday, with U.S. President Donald Trump welcoming what he known as a “very, excellent negotiation with China”.

Enterprise teams expressed optimism the 2 sides may be capable to de-escalate their commerce struggle, which has sapped financial progress across the globe.

“Traders are able to have a good time any type of a U.S.-China commerce deal, even a restricted one,” mentioned FXTM analyst Han Tan.

The Australian greenback was up 0.2% at 0.6776 per U.S. greenback after rising to a two-week excessive of 0.6782 in a single day.

China’s yuan was secure after hitting a three-week excessive within the Asian buying and selling session of seven.0890 per greenback.

The safe-haven yen however slipped to 108.13 per greenback, its weakest since Oct. 1, as buyers’ threat urge for food improved.

The euro was up barely at $1.1018, not removed from the three-week excessive it reached on Thursday in opposition to the greenback, which normally…



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