Dollar tumbles as focus turns to Fed's policy meeting
Friday, 25 January 2019 23:21 WIB | CURRENCIES |Dolar Euro

The dollar fell on Friday from its three-week highs in the previous session, as traders™ focus shifted to the Federal Reserve™s policy meeting next week when the U.S. central bank is expected to leave interest rates unchanged.

In mid-morning trading, the dollar index was down 0.6 percent at 96.046, after climbing to a three-week high of 96.676 on Thursday.

The dollar™s decline also coincided with a rally in U.S. stocks, which were bolstered by upbeat earnings.

The euro, on the other hand, rebounded on Friday, steadying after a dovish European Central Bank President Mario Draghi failed to alter an already downbeat assessment on the euro zone™s economy.

The euro on Thursday weakened broadly on those comments and fell to a two-month low of $1.1286 against the dollar. But on Friday, the single currency recovered, rising 0.7 percent to $1.1379.

Marketwatch

RELATED NEWS

Bets on US rate cuts keep dollar on defense
Tuesday, 25 June 2019 23:16 WIB

The dollar slipped against most major currencies on Tuesday, hitting a three-month low versus the euro, as expectations of multiple decreases of U.S. interest rates by the Federal Reserve have spurred selling of the U.S. currency. Growing tensions between Iran and the United States stoked fresh saf...

Dollar Crumbles to New Lows vs. Euro, Yen on U.S. Rate Cut Bets
Tuesday, 25 June 2019 17:26 WIB

The U.S. dollar fell to a three-month low against the euro and dropped to its weakest against the Japanese yen since early January as the prospect of monetary easing by the Federal Reserve knocked demand for the U.S. currency. The euro hit a three-month high of $1.1412, having gained 2.0% from a tw...

U.S. Dollar Edges Down; Yen Rises on Safe-Haven Demand
Tuesday, 25 June 2019 12:51 WIB

The U.S. dollar edged down on Tuesday in Asia while the Japanese yen gained as heightening tension in the Middle East drew safe-haven demand. The U.S. dollar index that tracks the greenback against a basket of other currencies was down 0.1% to 95.428 by 1:35 AM ET (05:35 GMT). The USD/JPY pair las...

Dollar weighed by Fed prospects; Swiss franc, gold shine on geopolitics
Tuesday, 25 June 2019 08:36 WIB

The dollar on Tuesday remained shackled by the prospects of monetary easing by the Federal Reserve while the safe-haven Swiss franc and gold were supported by simmering tensions between Washington and Tehran. The euro hit a three-month high of $1.14065 in early Asia trade. It has gained 2.0% from a...

U.S. Dollar Struggles as Dallas Manufacturing Data Disappoints
Monday, 24 June 2019 23:18 WIB

The U.S. dollar was near three-month lows on Monday after disappointing regional data and rising tensions between Iran and the U.S. The U.S. dollar index, which measures the greenback™s strength against a basket of six major currencies, was down 0.1% to 95.59 by 10:45 AM ET (14:45 GMT). The Dall...

ANOTHER NEWS
Gold gives up nearly all of its gains, but settles at highest since late August 2013
Wednesday, 26 June 2019 01:14 WIB Gold futures gave up almost all of their earlier gains by Tuesday afternoon, though still marked the highest most-active contract settlement since August 2013. Federal Reserve Chairman Jerome Powell suggested Tuesday that an interest-rate cut in...

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.