With the Bank of Japan marking easing risks

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      The dollar rose to 110.615 against the yen from an earlier low of 110.45.
In a speech to the Japanese parliament, Haruhiko Kuroda, governor of the Bank of Japan, said that the central bank was prepared to increase stimulus if a sharp rise in the yen damaged the economy and undermined the path to the 2% inflation target.
After closing unchanged on the previous trading day, the dollar index was almost flat at 96.914 against a basket of six major currencies. U.S. financial markets were closed on Monday for the presidential holiday.
The euro fell 0.15% to $1.1297 against the dollar. Overnight, it rose slightly by 0.16%, falling from a three-month low of $1.1234.
After the two sides reported progress in the negotiations, investor sentiment improved and the single currency boosted as expectations of easing trade conflicts between the United States and China increased.


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