Euro slips on Italian political risk and U.S. bond yield rise
Thursday, 17 May 2018 15:28 WIB | CURRENCIES | Euro

The euro hovered near five-month lows on Thursday as investors fretted about the demands of Italian populist parties and as a fresh rise in U.S. government bond yields underpinned demand for the dollar.

The euro laboured close to the $1.18 mark at $1.1795 and down 0.1 percent on the day, slightly above the $1.1763 2018 low it hit on Wednesday.

The euro has slumped from more than $1.24 in April after a blistering dollar rally in which investors have bet that U.S. interest rates will need to rise further to curb inflation while other central banks postpone tightening.

That has forced investors with big positions against the dollar, which had been predicted to fall in 2018, to rush to unwind and cover their positions, pushing the greenback even higher.

Some analysts say the market is still complacent about the possibility of the dollar rising.

The dollar index paused at 93.373 below the 2018 high of

U.S. Treasury yields continued their recent rally with the 10-year government bond yield hitting 3.12 percent, the highest since 2011.

The dollar rose 0.2 percent 110.575 yen, its highest since January.

The Australian dollar added 0.2 percent to $0.7529 after gaining 0.6 percent overnight, buoyed by a rise in prices of commodities such as copper. Other commodity-linked currencies like the Canadian dollar also advanced.

Source: Reuters

RELATED NEWS

Dollar Slides, Headed For First Weekly Loss in a Month
Friday, 17 August 2018 21:26 WIB

Dolar AS tampak lesu pada hari Jumat, meluncur melawan serangkaian saingan utamanya tetapi rally terhadap beberapa pasar yang muncul di tengah kekhawatiran atas sanksi lebih lanjut terhadap Turki. Indeks Dolar AS yang mengukur greenback terhadap enam mata uang utama pasar berkembang, turun 0,4% ke ...

Pound Heads for Longest Losing Streak Since 2015
Friday, 17 August 2018 14:41 WIB

Pound menuju penurunan mingguan keenam karena kekhawatiran atas berlanjutnya ketidaksepakatan Brexit membebani pengetatan kebijakan Bank of England, dengan penurunan terbaru membiarkan mata uang menghadapi penurunan beruntun terpanjangnya dalam 3 1/2 tahun. Sterling sedikit berubah pada $ 1,2713 pa...

Dollar subdued as confidence returns, focus on U.S.-China trade talks
Friday, 17 August 2018 08:42 WIB

Dolar sedikit berubah terhadap mata uang utama lainnya pada hari Jumat setelah menyimpang jauh dari level tertinggi 13-1/2 bulan di tengah berkurangnya penghindaran resiko dan seiring para investor menunggu perkembangan selanjutnya dalam pertemuan perdagangan AS-Cina. Indeks dolar, mengukur kekuata...

Dollar eases, yuan gains on U.S.-China trade talks
Thursday, 16 August 2018 23:46 WIB

Dolar AS turun dari level tertinggi 13 1/2 bulan pada Kamis ini, sementara yuan Cina pulih dari level terlemahnya sejak Januari 2017 terkait berita China dan Amerika Serikat akan mengadakan putaran baru pembicaraan perdagangan di akhir bulan ini. Perkembangan antara dua ekonomi terbesar dunia itu m...

USD/JPY struggles to build on intraday rebound, remains capped below 111.00 handle
Thursday, 16 August 2018 14:14 WIB

Pasangan USD/JPY berjuang untuk melanjutkan rebound intraday dan sekarang terlihat berosilasi dalam kisaran perdagangan sempit, di bawah 111,00. Pasangan ini sekali lagi berhasil menemukan support yang layak di dekat area 110,45 dan dengan cepat membalik penurunan sesi Asia setelah berita pembicara...

ANOTHER NEWS
Dollar Slides, Headed For First Weekly Loss in a Month
Friday, 17 August 2018 21:26 WIB The U.S. dollar looked listless on Friday, sliding against a handful of its major rivals but rallying against some emerging markets amid worries over further sanctions on Turkey. The ICE U.S. Dollar Index which measures the greenback against six...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.