Dollar Jumps on Worries Over U.S.-China Trade Talks
Monday, 11 February 2019 23:15 WIB | CURRENCIES |DOLLARDolar Indeks Dolar

The dollar jumped on Monday as concerns grew that the latest round of U.S.-China talks may not yield a deal between the world's largest economies before the March deadline.

The greenback is headed for an eighth consecutive day of gains, lifted by its safe-haven appeal as investors, worried about the economic fallout from an ongoing trade war and a global economic slowdown, pile into the world's most liquid currency.

Monday morning™s move in the dollar reverberated across currency markets, driving the euro to its lowest since Dec. 14 at $1.127. The dollar strengthened to 110.45 Japanese yen and to $1.286 against the British pound.

The dollar index, a gauge of its value versus six major peers, was 0.44 percent higher at 97.067.

Source : Reuters

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