Dhaka, Oct. 16 -- The US dollar slipped on Thursday as the Sino-US trade war sapped investor sentiment, while growing confidence of the US Federal Reserve cutting its policy interest rate this year also weighed on the greenback.

The euro rose 0.14% to $1.1664 in early trade, hitting a one-week high. The yen also firmed to a one-week high of 150.52 per dollar, reports Reuters.

The dollar index, which measures the greenback against six other currencies, was down 0.16% at 98.512, headed for a weekly decline of 0.33%.

Investor focus has been on the trade spat between the world's biggest economies, with US officials blasting China's expansion of rare earth export controls as a threat to global supply chains.

China's commerce ministry defen...