Dollar hits one-week high on yen as U.S.-China trade deal hopes rise

By Hideyuki Sano TOKYO (Reuters) - The dollar held an upper hand against the yen on Tuesday as optimism on a trade deal between the United States and China dented the allure of the safe-haven unit while the British pound was supported by hopes of an end to a hung parliament. China's Global Times, a tabloid run by the ruling Communist Party's official People's Daily, said on Monday on its Twitter feed the two countries are very close to a "phase one" trade deal, discounting "negative" media reports

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