New york: The dollar declined on Thursday due to the US-China trade war and speculation of a US interest rate cut this year. The euro rose 0.14 percent to $1.1664 in early trading, hitting its highest level in a week, while the Japanese yen rose to a one-week high of 150.52 to the dollar. According to Yemen News Agency, the dollar index, which measures the US currency's performance against six other currencies, fell 0.16 percent to 98.512, heading for a weekly decline of 0.33 percent. The Australian dollar fell 0.4 percent to $0.6485. With the US government shutdown entering its third week, investors are focusing on policymakers' comments to determine the Federal Reserve's near-term direction.
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