Workflow
Dollar Edges Higher as US-China Trade Tensions Cool
Yahoo Finance·2025-10-21 03:35

The dollar index (DXY00) on Monday rose by +0.15%.  The dollar moved higher on Monday due to an easing of US-China trade tensions, which is positive for global growth prospects and the dollar after President Trump said on Sunday that, “I think we’re going to be fine with China.”   The dollar also has support as the alleged loan frauds impacting Zions Bancorp and Western Alliance Bancorp appear to be confined and show no signs of contagion. Gains in the dollar were limited as Monday’s rally in stocks curbs ...