The U.K Parliament resumes

On Thursday the Greenback was in consolidation mode. It stood close to a multi-week top versus its primary rival currencies while falling against more volatile pairs. That happened after the U.S. President Donald Trump announced that there could be a trade agreement with China shortly. The euro jumped back from an overnight 14-day low yet settled under $1.09 at $1.0958. The GBP also bounced back from a 14-day low while investors priced in due to Brexit uncertainty reaching $1.2367 on Thursday. Trump stoked optimism for a trade agreement by saying to journalists in New York that the U.S. and China were possessing “good conversations” and that a deal “could happen sooner than you think.”

On Wednesday the U.S trading session closed on a more powerful tone following President Trump's announcement that a U.S.-China trade agreement could come sooner-than-expected. Both U.S and China are embroiled in a hazardous tariff conflict since 2018. Meanwhile, markets are also watching an impeachment probe began at the House of Representatives on Tuesday, in connection to a call among President Trump and his Ukrainian counterpart, Volodymyr Zelensky. Today the U.S. stock index futures were slightly below yesterday's close.