* Euro up vs greenback as danger urge for food returns * Sterling rises to 3-month excessive vs greenback * Protected-haven yen drops t
* Euro up vs greenback as danger urge for food returns
* Sterling rises to 3-month excessive vs greenback
* Protected-haven yen drops to 2-1/2-month low vs greenback
* EU, Britain to carry intense negotiations on Brexit deal
* China drums up hope for a partial commerce deal
* Graphic: World FX charges in 2019 tmsnrt.rs/2egbfVh
(Provides new remark, Fed announcement on T-bill purchases, updates costs)
By Gertrude Chavez-Dreyfuss
NEW YORK, Oct 11 (Reuters) - The greenback dropped to a three-month low on Friday as safe-haven shopping for
eased and danger sentiment improved on hopes of progress in commerce negotiations between the USA and
China, in addition to elevated possibilities of an orderly British exit from the European Union.
Sterling rose to a greater than three-month excessive versus the greenback on optimism about Brexit, whereas the
euro superior to a three-week peak as danger urge for food rose.
On the similar time, different safe-haven currencies such because the yen and Swiss franc slid on the day.
"The danger premium on the greenback, a few of the froth round that, appears to be coming off with some
progress on U.S.-China commerce talks, possibly, and a few progress, possibly, on Brexit," stated Shaun Osborne, chief
FX strategist at Scotiabank in Toronto.
President Donald Trump and different U.S. officers on Friday signalled excellent news was coming in commerce
talks with China,...