Issue Nikkei: Dollar and Trade War

issue nikkei: The euro was at 1.1034, down from 1.1045, and at 118.95, up from 118.53-54. ; After consolidating at levels around 107.50 in the morning, the dollar moved up and reached 107.70 by noon on brisk performance of the 225-issue Nikkei average and strong demand from Japanese importers, according to The Japan Times. The greenback temporarily rose above 107.80 in the afternoon on buying triggered by a reported comment by the editor-in-chief of the Global Times, a newspaper affiliated with the Communist Party of China, that Beijing will introduce important measures to ease the negative impact of the trade war with the United States, traders said. At 5 p.m., the dollar stood at 107.80, up from 107.32 at the same time Tuesday. Also behind the dollar's appreciation was receding expectations for substantial easing by central banks in the world, an official at a major securities firm said. Twitter Facebook Linked In LATEST BUSINESS STORIESDollar slightly firms to around 108 in Tokyo trading The dollar edged up to around 108 in range-bound Tokyo trading Friday. If the European Central Bank hammers out more hawkish policy than expected and the U.S. Federal Reserve takes hawkish measures at their upcoming policy-setting meetings, the dollar may stage a full-fledged rally, a life insurance firm official noted. (news.financializer.com). As reported in the news.