Dollar and Interest Rates

u.s: The euro was at 1.1192-1193, down from 1.1219-1219, and at 121.00-00, compared with 121.01-02. ; A rise in U.S. long-term interest rates also supported the dollar's rise, traders said, according to The Japan Times. Traders said the dollar was also driven higher by U.S. President Donald Trump's agreement to make timely decisions on requests by U.S. firms to sell their products to Chinese telecommunications giant Huawei Technologies Co. At 5 p.m., the dollar stood at 108.10-10, up from 107.85-86 at the same time on Monday. News of Trump's agreement to ease the ban on sales to Huawei provided an incentive to buy the dollar by raising hopes for progress in U.S.-China trade talks, an asset management firm official said. The European Central Bank is scheduled to discuss monetary policy on Thursday, while policy meetings of the Bank of Japan and the U.S. Federal Reserve are set for next week. Risk appetite grew on expectations for monetary easing measures in Europe, Japan and the United States, an official of a Japanese securities firm said. (news.financializer.com). As reported in the news.