Dollar climbs vs yen as risk appetite returns; euro up (news: 10/04/18)

Today's press

• Dollar climbs vs yen as risk appetite returns; euro up

  NEW YORK (Reuters) - The dollar rose against the Japanese yen on Tuesday after Chinese President Xi Jinping’s promise to cut import tariffs eased concerns about a trade conflict between Washington and Beijing.

• Dallas Fed's Kaplan is hopeful rhetoric in U.S.-China trade dispute will de-escalate

  BEIJING (Reuters) - Dallas Federal Reserve Bank President Robert Kaplan said on Tuesday he is quite hopeful that despite the recent trade skirmish between the United States and China, the rhetoric will de-escalate.

• Sterling basks at 2-week highs but risks grow

  LONDON (Reuters) - Sterling hit a two-week high on Tuesday as firm risk appetite and a top policymaker’s comment that the Bank of England should not delay an interest rate hike boosted bets in a market that is already long in the British currency.

• U.S. Producer Prices Rise 0.3% in March

  Investing.com - U.S. producer prices rose in March, according to data released on Tuesday.