(Reuters) The dollar rose for the first time in five days on Thursday, as risk appetite eased and stocks gave up gains notched early in the week amid nagging concerns about U.S. threats to impose additional tariffs on Chinese imports next month.
“The dollar is clearly benefiting from all these trade tension headlines, but at the end of the day, the market is only focused on the U.S. economy’s solid fundamentals,” said Juan Perez, currency trader at Monex Consulting in Washington.
“The consistency of the U.S. dollar has been supporting the U.S. dollar all along.”
