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Dollar remains firm against majors after markets ignore weak Chinese data

  • The US dollar index (DXY), after settling higher in the last two trading sessions was unchanged at 97.45.
  • The FX markets barely reacted to economic data from China and the Eurozone.

The US dollar was mostly unchanged versus the euro and the sterling on Wednesday, broadly supported by the US President’s softening of stance on Washington’s trade talks with China.

At 10.15 AM GMT, the greenback was mostly unchanged against the euro, while it edged 0.12 percent lower versus pound sterling, and gained more than a quarter percent against the Aussie.