Market News
US dollar flat to slightly lower as traders await China talks outcome - REUTERS
By Samuel Indyk and Gertrude Chavez-Dreyfuss
Summary
- Rare earths, chips deal in focus on trade talks
- Sterling weakens after soft labour market data
- US inflation due on Wednesday, focus on tariff impact
- Yen steady as Ueda suggests BoJ may stay on pause
LONDON/NEW YORK, June 10 (Reuters) - The U.S. dollar was little changed to marginally lower on Tuesday, consolidating recent gains, as talks between Beijing and Washington continued for a second day amid expectations of a trade deal that could further ease trade tensions.
Sterling, on the other hand, slid against the greenback as British jobs data pointed to a weaker labor market.
Officials from the world's two largest economies were meeting in London to try to defuse a dispute that has widened from tariffs to restrictions over rare earths.
