Tuesday, 19 February 2019 08:06 WIB |
CURRENCIES |DOLLAR Euro
The dollar held steady against its peers on Tuesday, lacking strong direction as U.S. markets were shut for a holiday the previous day, while the euro™s latest bounce slowed as the focus drifted back to the economy and European Central Bank policy.
The dollar index versus a basket of six major currencies was little changed at 96.784 after ending the previous session flat. The U.S. financial markets were closed on Monday for Presidents™ Day.
The euro was little changed at $1.1312 after edging up 0.16 percent overnight, when it pulled away from a three-month low of $1.1234.
The single currency was buoyed by improved investor sentiment as expectations increased for an easing of the U.S.-China trade conflict after both sides reported progress in talks.
The dollar, the world™s most liquid currency, has tended to perform well during bouts of investor nervousness.
Source : Reuters