Market News

    Dollar steady after U.S., Mexico agree to overhaul trade deal

    TOKYO (Reuters) - The dollar was steady against the euro and a basket of major currencies after the United States and Mexico agreed to overhaul the North American Free Trade Agreement, boosting optimism for an easing of global trade tensions. The agreement put pressure on Canada to consent to new terms in order to preserve a three-nation pact, which would ultimately dial back the economic uncertainty caused by U.S. President Donald Trump’s repeated threats to ditch the 1994 accord.