The dollar got a lift from elevated U.S. Treasury yields on Thursday as investors wagered the Federal Reserve would hike rates this year, while an impasse between the U.S. and Iran over the war in the Middle East drove more safe-haven flows.
The global focus was also on a highly anticipated meeting between Donald Trump and China's Xi Jinping in Beijing on Thursday, where the U.S. President is aiming to secure economic wins, maintain a fragile trade truce and navigate thorny issues such as the U.S.-Israeli war on Iran.
