Media Reports: Dollar and Trading

media reports: The euro was at 1.1142-1142, down from 1.1145-1145, and at 122.10-11, up from 121.93-93. ; The dollar rose above 109.60 in overnight trading after appreciating against the British pound, according to The Japan Times. But the dollar pared some of its gains in the early morning and turned nearly motionless later amid a dearth of fresh trading incentives. At 5 p.m., the dollar stood at 109.59-59, up from 109.40-40 at the same time Monday. The phase one agreement between the United States and China has removed the immediate trade war worry from the market, an official at a foreign exchange margin trading service firm said. Investors have seen only media reports on portions of the deal that work in favor of the United States. But players cannot be fully relieved until the agreement is actually sealed, an official at a bank-affiliated securities firm said. (news.financializer.com). As reported in the news.