FOREX-Dollar steady, though trade deal optimism aids riskier currencies [Reuters]
GAIN CAPITAL HOLDINGS (GCAP)
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Source: Reuters
FOREX-Dollar steady, though trade deal optimism aids riskier currencies - Reuters 3 Min Read * Impeachment risk recedes, Trump stokes trade-deal optimism * Dollar hands back some gains to trade-exposed currencies * Sterling nurses losses as Brexit outlook clouds * Graphic: World FX rates in 2019 tmsnrt.rs/2egbfVh By Tom Westbrook SINGAPORE, Sept 26 (Reuters) - The dollar consolidated on Thursday, staying near multi-week highs against most major currencies while slipping against riskier ones after U.S. President Donald Trump said there could be a trade deal with China soon. “It’s the Trump pump, and it works,” said Matt Simpson, senior market analyst at Gain Capital in Singapore. “But there’s not really any major moves either, it’s a slight boost to risk,” he said, noting traders were also trying to assess the likely direction of a Trump impeachment probe opened by the Democrats on Wednesday. The Australian dollar edged higher and the safe-haven yen was marginally firmer at 107.65 per
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