FOREX-Greenback retains safe-haven bid amid commerce ‘headline fatigue’

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FOREX-Greenback retains safe-haven bid amid commerce ‘headline fatigue’

* Dollar clings to in a single day positive aspects, commerce information awaited* Europe, U.S. PMIs eyed for up to date learn on international fin


* Dollar clings to in a single day positive aspects, commerce information awaited

* Europe, U.S. PMIs eyed for up to date learn on international financial system

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

By Tom Westbrook

SINGAPORE, Nov 22 (Reuters) – The greenback held in a single day positive aspects on Friday, as buyers clung to the safe-haven pending developments in Sino-U.S. commerce negotiations and amid a rising skepticism about studies of progress within the talks.

Actions had been slight as buyers additionally regarded to a slew of worldwide manufacturing surveys printed later within the day for clues on how deeply the U.S.-China commerce dispute is hurting the world’s financial system.

The buck crept greater in opposition to the Japanese yen to 108.58 yen and was regular in opposition to the euro at $1.1064. Antipodean currencies had been flat on the greenback, with the Aussie shopping for $0.6789 and the kiwi $0.6404.

Towards a basket of currencies the greenback final treaded at 97.993.

“Commerce is the elephant within the room,” stated Ray Attrill, Nationwide Australia Financial institution’s head of FX technique, although he added that “headline fatigue has set in,” limiting volatility out there’s response to new info.

Buyers had earlier factored within the prospect {that a} partial truce could possibly be agreed at a mid-November summit in Santiago. However that summit was cancelled and the trail ahead is now unclear.

China will strive laborious to resolve the dispute, Commerce…



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