Dollar Hovers Near Two-Week High, Aussie Skids as Economic Growth Disappoints
Wednesday, 6 March 2019 08:39 WIB | CURRENCIES |Dolar Indeks Dolar EuroAussieDolar

The dollar held gains against its peers early on Wednesday, thanks to higher U.S. yields and better-than-expected data, while its Australian counterpart took a knock after disappointing economic growth figures for last quarter.

The Australian dollar slipped 0.4 percent to a two-month low of $0.7052 as data released earlier in the day reinforced recent evidence of slowing domestic momentum and backed market expectations for a rate cut this year.

The dollar index, which measures the greenback against a basket of six major peers, gained for the fifth straight session overnight, hitting a two-week high of 97.008. It traded at 95.698 early on Wednesday.

The euro was down a shade at $1.1300, hovering near two-week lows versus the greenback amid bets that the European Central Bank meeting on Thursday would indicate a delay in raising rates until next year and soon re-launch long-term bank loans to fight an economic slowdown.

Source : Reuters

RELATED NEWS

Dollar in Demand, Euro, Pound Under Pressure
Tuesday, 28 January 2020 15:34 WIB

The U.S. dollar remains strong Tuesday, as heightened concerns about the spread of the deadly coronavirus in China prompt demand for currencies as safer. At 08:00 ET (0800 GMT), the USD/JPY traded 0.2% higher at 109.08, having fallen as low at 108.83 overnight. The US Dollar Index Futures, which tr...

AUD/USD: Eyes 3-month lows as Australia's Business Confidence drops to lowest since mid-2013
Tuesday, 28 January 2020 08:19 WIB

AUD/USD looks set to print a 3.5-month low below 0.6750 with Australia's business confidence gauge hitting multi-year lows. The currency pair is currently trading at 0.6753, representing marginal losses on the day, having hit a high of 0.6762 a few minutes before press time. National Australia Ban...

Dollar Advance Kept in Check by Yen Amid Safe-Haven Rush
Tuesday, 28 January 2020 04:02 WIB

The dollar remained on the back foot Monday, pressured by a surprise fall in new home sales data and a bid in the yen and Swiss franc as worries intensified over the spread of the deadly coronavirus. The U.S. dollar index, which measures the greenback against a trade-weighted basket of six major cu...

Safe Haven Yen Rallies on Virus Fears
Monday, 27 January 2020 16:48 WIB

The Japanese yen is in demand Monday as traders flock to the safe haven currency amid concerns over the spread of the pneumonia-like virus in China. At 03:20 ET (0820 GMT), the USD/JPY dropped 0.2% to 109.08, having fallen as low at 108.73 overnight, the lowest level since Jan. 8. The US Dollar Ind...

Yen jumps, yuan slumps on worries China struggling to contain virus
Monday, 27 January 2020 07:41 WIB

The yen rose and the yuan fell in offshore trade on Monday as worries that China is struggling to contain the spread of a pneumonia-like virus sparked a bout of risk aversion. Japan's currency, often sought as a safe-haven in times of uncertainty, rose to the highest in almost three weeks versus th...

ANOTHER NEWS
Oil rout extends to sixth day as China virus death toll rises
Tuesday, 28 January 2020 18:23 WIB Oil futures were set for a sixth day of losses as the death toll from a virus in China rose, but the heavy sell-off of recent sessions was curbed by output outages in Libya and OPEC comments designed to calm demand fears. Brent crude (LCOc1) was...

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.