Dollar boosted by rate expectations, safe-haven flows as Trump, Xi meet
By TodayTelugu Desk1 min read0 views
The US dollar strengthened on Thursday. Higher Treasury yields and safe-haven demand boosted the currency. Investors anticipate Federal Reserve rate hikes this year. A meeting between US President Donald Trump and China's Xi Jinping in Beijing is a key focus. The offshore yuan held near a three-year high. Inflation data suggests renewed price pressures in the US.
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