New york: The US dollar today recovered after an early-session sell-off, amid an escalation in the trade war between Washington and Beijing. Meanwhile, political developments in France and Japan undermined the euro and the yen. The dollar index, which measures the performance of the US currency against a basket of six major currencies, rose to 99.002.

According to Oman News Agency, against the yen, the dollar reached 151.985 yen, up 0.5%. The euro remained steady at $1.1609, down 0.1%, after the French presidency announced the formation of a new government headed by Sebastien Lecornu on Sunday.

The offshore yuan was traded at 7.137 per dollar, up 0.1% in early Asian trading. The Australian dollar rose 0.6% in early trading, reaching $0.6513, while the New Zealand dollar gained 0.3% to $0.57345. The British pound also edged up 0.1% to $1.33415.