The Dollar lifted on ascending hopes for a U.S.-China trade deal during the Asia session before coming off the boil during the London AM session. Sources cited by Reuters said Washington and Beijing have started to outline commitments in principle in what is described as the most significant progress yet. EUR-USD saw some chop but little net direction, trading to a 1.1363 high on some positive aspects in Eurozone PMI data in flash February reports, before ebbing back to a low at 1.1322, and then settling near net unchanged levels on the day near 1.1350.
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