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- The US dollar keeps the recent gains after US and Chinese officials have completed two days of trade talks without any major breakthroughs
The US dollar keeps the recent gains after US and Chinese officials have completed two days of trade talks without any major breakthroughs
Negotiations between the two countries ended, as the trade war intensified on Thursday with the intensification of the next round of reciprocal tariffs worth $ 16 billion
As a safe haven currency, the dollar has benefited from international trade fears in recent months.
The focus of investors is now the speech of Federal Reserve Chairman Jerome Powell, which will be held later today at the annual meeting of central banks in Jackson Hole, Wyoming.
"I think that Powell, regardless of political pressure, can continue raising rates while the US economy continues to expand," said Masafumi Yamamoto, chief foreign exchange strategist at Mizuho Securities.
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