Dollar rebounds as Washington, Beijing tamp down trade tensions

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Dollar rebounds as Washington, Beijing tamp down trade tensions
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The dollar held firm on Tuesday after some signs of rapprochement between Washin...

TOKYO - The dollar held firm on Tuesday after some signs of rapprochement between Washington and Beijing soothed investors’ nerves after trade tensions between the world’s biggest economies escalated yet again late last week and over the weekend.

His comments came after Vice Premier Liu He, China’s chief negotiator with Washington, said Beijing was willing to resolve the trade dispute through “calm” negotiations. The safe-haven Swiss franc also stepped back to 1.0867 per euro EURCHF=R from Monday’s 1.0840, reflecting the slight easing in risk aversion.

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