Dollar licks wounds after soft data fans bets on dovish Fed
Monday, 18 March 2019 08:34 WIB | CURRENCIES |DOLLAR Indeks DolarPoundsterling

The dollar licked its wounds on Monday after soft U.S. data increased bets the Federal Reserve will cut rates later this year while the pound hovered near nine-months high on hopes for a delay in Britain's exit from the European Union.

The dollar's index against a basket of six major currencies stood at 96.564, having shed 0.81 percent last week, the biggest loss since late August.

The British pound stood not far from last week™s nine-month high of $1.3380, supported by relief that a no-deal Brexit will likely be averted. It last stood at $1.3292.

Source : Reuters

RELATED NEWS

Dollar steadies after rise in bets on bigger Fed rate cut
Friday, 19 July 2019 15:16 WIB

The U.S. dollar recovered slightly in early Friday trading, having fallen heavily after dovish comments from a key policymaker bolstered expectations of an aggressive interest rate cut this month. At a central banking conference on Thursday, New York Fed President John Williams argued for pre-empti...

Dollar Under Pressure After Fed Fuels Bets On Large Rate Cut
Friday, 19 July 2019 08:43 WIB

The dollar was on the defensive on Friday after Federal Reserve officials bolstered expectations of an aggressive rate cut this month to address weakening price pressures. At a central banking conference on Thursday, New York Fed President John Williams argued for pre-emptive measures to avoid havi...

Sterling recovers from lows, helped by strong retail sales
Thursday, 18 July 2019 16:30 WIB

The British pound rose on Thursday after stronger-than-expected retail sales numbers and as traders betting against the currency took some profits following this week's plunge, which came amid new concerns about the threat of a no-deal Brexit. British retail sales rebounded unexpectedly in June, ri...

Dollar slips on softer U.S. yields; Aussie shines
Thursday, 18 July 2019 15:21 WIB

The dollar broadly edged lower against its rivals on Thursday after softer U.S. Treasury yields in the wake of weak U.S. housing data sapped demand as investors focused their attention on a Fed meeting next week. While expectations of a 25 basis point rate cut are baked into money markets, some inv...

AUD/JPY Surges 20+ Pips After Australia Employment Data
Thursday, 18 July 2019 09:05 WIB

Despite witnessing a drop in seasonally adjusted Employment Change, the AUD/JPY pair takes the bids to 75.64 during early Thursday. The Australian Bureau of Statistics released June month employment data wherein the Unemployment Rate and Participation Rate remained unchanged at 5.2% and 66% respect...

ANOTHER NEWS
Hong Kong stocks close week on a high (Review)
Saturday, 20 July 2019 03:31 WIB Hong Kong shares ended the week on a strong note Friday, jumping more than one percent on hopes for a sharp interest rate cut by the Federal Reserve later this month. The Hang Seng Index added 1.07 percent, or 303.74 points to 28,765.40. The...

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.