Trump's speech pushes the dollar to its two-week high By Reuters

By Dhara Ranasinghe

LONDON (Reuters) – The US dollar has appreciated Tuesday as a result of the announcement by US President Donald Trump of his intention to maintain tariffs

Sterling was weaker () in all areas, after Trump announced Monday the agreement authorizing the UK to leave the EU can make it more difficult trade between Washington and London.

By the way, Trump told The Wall Street Journal that he was planning to raise customs duties on Chinese imports by $ 200 billion, from 10% currently to 25 billions of dollars.

The threat of a growing trade dispute between the two largest economies in the world is a source of major concern for next year, while we expect a slowdown of the global economy.

The (), which measures the value of the dollar against six other major currencies, rose 0.2% to 97.28, its highest level in nearly two weeks.

The greenback advanced over the previous two sessions as investors sought the security of the world's most liquid currency, fearing that the global economic recovery would spiral out of steam.

At the G20 meeting in Buenos Aires on November 30, Trump and Chinese President Xi Jinping are expected to discuss contentious trade issues that would impact trade-sensitive currencies such as the Australian and New Zealand dollars.

"The next meeting between Trump and Xi will be decisive for the end of the year and for global growth prospects, which have shown signs of slowing down," said Lee Hardman, an exchange badyst at MUFG in New York. London.

"If there is no decisive progress, it is likely that more tariffs will be imposed and that the downside risks to trade will increase."

With the decline in tensions On trade, the Australian dollar sold much of its past gains to USD 0.7230 a day, rising by 0.7% . The New Zealand dollar was also barely higher the same day .

The euro lost 0.2% against the dollar at $ 1.11313 (). The yen remained stable at 113.56 yen for one dollar .

Attention turned to a speech delivered Wednesday by Fed Chairman Jerome Powell, and a report of the Central Bank meeting of November 7 and 8 was made public Thursday. Further clues as to the number of times the Fed will likely raise interest rates.