The dollar sagged on Monday as investor demand for the safe-haven currency receded on optimism over a reduction in U.S.-China trade tensions, with the focus on discussions between the two countries due this week.
The dollar index against a basket of six major currencies was little changed at 96.126 after losing 0.55 percent on Friday.
Escalating trade tensions between the United States and its trading partners, in addition to a plunge in the Turkish lira, has taken a heavy toll on emerging...
Tokyo stocks opened flat on Monday as investors looked for a fresh buying peg after rises last week on increased hopes of a resolution to the US-China trade impasse.
The benchmark Nikkei 225 index gained 0.04 percent, or 8.16 points, to 22,278.54 in early trade while the broader Topix index was down 0.13 percent, or 2.24 points, at 1,695.29.
Oil held gains near $66 a barrel on signs of slowing growth in U.S. crude production.
Futures in New York were steady after a 0.7 percent rise on Friday. Working oil rigs in the U.S. were unchanged at 869, according to data from Baker Hughes on Friday. While it™s the highest level in more than three years, the rig count has grown only by 10 since late May.
Oil has fallen about 11 percent from the highs of late June as a trade war between the U.S. and China and turmoil in...