• Trade friction, growth worries keep US dollar near 2019 highs


    The dollar held steady versus its peers on Tuesday, hovering close to its 2019 high as U.S.-Sino trade tensions and global growth worries underpinned the greenbacks safe-haven appeal. Investors are focussing on high level trade talks in China this week where Washington is expected to keep pressing Beijing on long-standing demands that it make sweeping structural reforms to protect American companies intellectual property, to end policies aimed at forcing the transfer of technology to Chinese companies, and curb industrial subsidies. The dollar is benefiting from the investor nervousness around the trade talks, ... (full story)