Securities Firm: Dollar and Nikkei Stock

securities firm: The euro was at 1.1346-1346, up from 1.1334-1334, and at 125.65-66, up from 125.54-55. ; The dollar rose above 110.70 around midmorning on buying by Japanese importers, shrugging off earlier sluggishness caused chiefly by a slight downturn in the Nikkei stock average, according to The Japan Times. The greenback was trapped in a very narrow band in the afternoon amid a dearth of market-moving factors. At 5 p.m., the dollar stood at 110.74-76, against 110.76-76 at the same time Thursday. The dollar was supported by growing expectations for progress in the trade negotiations ahead of a meeting between U.S. President Donald Trump and Chinese Vice Premier Liu He later on Friday, an official of a major securities firm said. A Japanese bank official suggested the possibility of risk-on dollar-buying gathering steam if the U.S.-China talks are able to make investors expect a certain agreement to be clinched before the current trade war truce expires on March 1. Another market source pointed out that players refrained from active trading in view of range-bound movements of the dollar-yen pair since the beginning of this week. (news.financializer.com). As reported in the news.