* Commerce optimism bolsters greenback and riskier currencies* Canadian greenback rises as votes tallied in shut election* Pound waits for Brexit d
* Commerce optimism bolsters greenback and riskier currencies
* Canadian greenback rises as votes tallied in shut election
* Pound waits for Brexit developments
* Graphic: World FX charges in 2019 http://tmsnrt.rs/2egbfVh
By Tom Westbrook
HONG KONG, Oct 22 (Reuters) – Indicators that the U.S. and China had been making progress in efforts to resolve their commerce dispute supported each the greenback and trade-exposed Asian currencies on Tuesday, whereas the Canadian greenback rose as voters went to the polls in a closely-fought election.
The risky pound sat just below a 5-1/2-month excessive at $1.2962, with the Brexit challenge in disarray however merchants trying to one other essential parliamentary vote on Tuesday to find out the subsequent step.
U.S. President Donald Trump stated in Washington that work towards ending the U.S.-China dispute was going properly, whereas White Home adviser Larry Kudlow stated tariffs scheduled for December could possibly be withdrawn if progress is made.
In the meantime Commerce Secretary Wilbur Ross stated that whereas a deal will not be finalised subsequent month, that was much less vital than securing “the suitable deal,” following Chinese language Vice Premier and chief negotiator Liu He saying final week that Beijing is approaching talks from a foundation of mutual respect.
“A concerted effort from each nations to handle market expectations of an extended negotiation was properly accepted,” stated Michael McCarthy,…