Dollar firms against sterling, euro amid political uncertainties
TOKYO The dollar firmed on Tuesday, taking back ground against the euro and sterling which were pressured by political uncertainties in the UK and eurozone.
WASHINGTON President Donald Trump's nominee to be the U.S. ambassador to China said on Tuesday he would do everything possible to address what he called China's "unfair and illegal" sales of underpriced steel in the world market.
"I want to do everything I can to make sure that we stop the unfair and illegal activities that we've seen from China in the steel industry," the nominee, Iowa's Republican Gov. Terry Branstad, said at his U.S. Senate confirmation hearing.
(Reporting by Patricia Zengerle; editing by Grant McCool)
FRANKFURT Euro zone growth may be improving but inflation remains subdued and still requires substantial stimulus, European Central Bank President Mario Draghi said on Monday, tempering expectations for the bank's June 8 policy meeting.
ATHENS Greece's creditors need to reach a deal on debt relief measures at the next meeting of euro zone finance ministers in June to help the country return to bond markets, its finance minister said on Monday.