Dollar drops with trade, data in focus

Tuesday, 31. December 2019 19:58

The United States dollar traded lower against major currencies on Tuesday as investors look for Washington and Beijing to sign the so-called phase one trade deal. US President Donald Trump announced he will seal the agreement with "high-level representatives from China" on January 15 at the White House.

On the data field, consumer confidence in the US decreased in December, according to the Conference Board's report released earlier today.

The British pound surged 1.15% against the greenback at 1:58 pm ET to go for 1.32548, climbing over 5% in 2019. The euro was 0.23% up, changing hands for $1.12245, while the United States currency slid 0.20% against the yen to trade for 108.6150 at the same time.

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Breaking the News / GA