The dollar index versus a basket of six major peers last stood at 89.588, trading within sight of a low of 89.542 set on Tuesday, its lowest level since March 28.Xi promised on Tuesday to open the country economy further and lower import tariffs on products like cars, in a speech seen as an attempt to defuse an escalating trade dispute with the United States.Global equities rallied and oil prices surged more than 3 percent on Tuesday as Xi comments allayed fears about the risk of a trade war between the world two largest economies that could harm global growth. Dollar as well as the Japanese yen.The euro held steady at $1.2360, hovering near Tuesday high of $1.2378, its strongest level since March 28.The common currency had gained a boost on Tuesday after European Central Bank policymaker Ewald Nowotny told Reuters in an interview that its 2.55 trillion euro ($3.15 trillion) bond buying programme would be wound down by the end of this year, which would then pave the way for the bank first rate rise since a fumbled move in 2011.The euro gave up some gains against the dollar on Tuesday after an ECB spokesman said Nowotny comments about the future path of ECB rates do not represent views of the bank rate setting Governing Council. Dollar.
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