The U.S. dollar rose on Tuesday, supported by signs that tensions between China and the United States—the world’s two largest economies—may be easing, as trade talks continued for a second day. The dollar climbed 0.3% to 99.210, though it remained near six-week lows recorded last week.
The GBP/USD fell by 0.6% to 1.3472 after UK labor market data showed a continued rise in the unemployment rate, adding to signs of a slowdown in the job market and increasing the likelihood of further interest rate cuts by the Bank of England