Dollar sturdies ahead signing of U.S.-China trade deal

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Dollar sturdies ahead signing of U.S.-China trade deal

The U.S. Dollar remained strong on Friday and was set to close on a high note a few days ahead of the signing of a ‘phase one’ trade deal between the United States and China.

The US Dollar Index Futures was flat at 97.45 by 9:30 PM ET (02:30 GMT).

The NZD/USD was down 0.11% to 0.6607 while the AUD/USD pair was down 0.02% to 0.6855. The Australian Dollar was aided on Firday following strong retail sales data. Australia’s statistics agency said retail sales jumped 0.9% in November, more than double the expected 0.4% increase.

Meanwhile, The USD/JPY pair went up 0.02% to 109.53.

The GBP/USD went down 0.01% to 1.3064 after the passing of Prime Minister’s Boris Johnson’s Brexit bill, which sets the United Kingdom to leave the European Union by January 31.

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