Dollar, Yuan Steady after US, China Reach Framework Deal to Ease Export Curbs

FOREX - TOKYO. The dollar and China's yuan were steady on Wednesday as teams from U.S. and China concluded trade talks in London, hinting at a thaw in a damaging trade war between the world's two largest economies but offering scant detail.

The countries' officials agreed on a framework based on a trade truce reached last month in Geneva that would resolve China's export restrictions on rare earth minerals and magnets, and remove some U.S. export restrictions that were recently put in place.