The dollar was strong against both the pound and the dollar yesterday, as Brexit events continued to weigh on sterling and the single currency.
In US-China trade news, China’s Vice Foreign Minister, Le Yucheng, said progress was being made in discussions with the United States and that both sides respected each other. He also said that no problem was beyond resolution. This positive rhetoric strengthened the greenback; however, Le also said that China will stick to its core interests and wouldn’t allow others to undermine its security.
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