Some Chinese exporters are speeding up conversion of their dollar income into yuan on bets the worst of the tariff-led loss in the local currency may be over.

A flight from U.S. financial assets prompted by President Trump’s trade war is subsiding as the White House appears increasingly keen to strike a new trade deal with top U.S. trading partner

By Wayne Cole SYDNEY (Reuters) -Asian shares made fractional gains on Monday while the dollar dithered as confusion over U.S. trade policy showed little sign of easing, in a week packed with major economic data and mega-tech earnings.

The U.S. Dollar dropped on Monday as traders tried to digest the persistent uncertainties in trade talks between Washington and Beijing.  The greenback was last down 0.25% to $99.45 as comments from Treasury Secretary Scott Bessent added to doubts regarding U.

The dollar barely recouped its heavy losses on Tuesday as investors were no clearer on whether a de-escalation of the Sino-U.S. trade war was underway with Treasury Secretary Scott Bessent suggesting the onus was on China to start negotiations.