Euro Rises as Dollar Index Dips Following US-EU Trade Framework

Euro Rises as Dollar Index Dips Following US-EU Trade FrameworkSingapore, 28 Jul (ONA) — The euro today edged higher after the United States (US) and the European Union (EU) announced a framework trade agreement, boosting investor confidence.
In Asian trading, the euro rose 0.2% to $1.1763 and gained a similar 0.2% against the yen, reaching 173.78 yen.
The dollar index, which tracks the greenback against a basket of major currencies, slipped 0.1% to 97.534.
The Japanese yen held steady at 147.68 per dollar, while the British pound dipped nearly 0.1% to $1.34385.
Elsewhere, the Australian dollar climbed 0.2% to $0.6576, while the New Zealand dollar was little changed at $0.6019.— Ends/Khalid