Dollar weaker on dovish Fed bets, sterling seesaws
Tuesday, 19 March 2019 08:47 WIB | CURRENCIES |DOLLAR Indeks DolarPoundsterling

The dollar was under pressure on Tuesday, weighed by growing expectations the Federal Reserve would shift to a more accommodative policy stance this week and concerns about slower U.S. economic growth.

The dollar index, which measures the greenback against a basket of six major currencies, was a shade lower at 96.495, hovering close to a two-week low. The index has lost 1.2 percent after hitting a three-month high of 97.710 on March 7.

The dollar has weakened in recent sessions on growing expectations the Fed will strike a dovish tone at its two-day policy meeting due to start later on Tuesday.

As the dollar took a breather, other major currencies advanced by default. The yen rose 0.1 percent to 111.27 yen per dollar, extending its gains to a third session.

Sterling also gained, rising 0.1 percent to $1.3268. It had seesawed overnight after the speaker of Britain's parliament said Prime Minister Theresa May's Brexit deal could not be voted on again unless a different proposal was submitted.

Source : Reuters

RELATED NEWS

Dollar Broadly Higher Ahead of ZEW, Fed Meeting
Tuesday, 17 September 2019 15:20 WIB

The dollar was mostly higher in early trading in Europe Tuesday, as fears of a sustained spike in oil prices and conflict in the Persian Gulf undercut risk assets ahead of the U.S. Federal Reserve™s two-day policy meeting. The euro was at $1.1012, with the market keeping an eye on the first major...

Japanese Yen Unchanged Despite Initial Trade Accord with U.S.
Tuesday, 17 September 2019 11:04 WIB

The Japanese yen stayed largely unchanged against the U.S. dollar on Tuesday in Asia despite news that the U.S. reached an initial trade accord with Japan over tariffs. It is unclear whether the U.S. will maintain tariffs on Japanese auto imports as part of the agreement. The yen was little impact...

Oil currencies, dollar buoyed as Saudi attacks keep crude elevated
Tuesday, 17 September 2019 08:30 WIB

Oil exporter currencies held firm while the dollar found broad support as recent attacks on Saudi oil facilities and the threat of military action in the region kept crude prices kept prices elevated. Attacks on crude facilities in Saudi Arabia on the weekend boosted oil prices by nearly 15% on Mon...

Pound weakens as 'no-deal' Brexit concerns grow
Monday, 16 September 2019 16:31 WIB

The pound fell nearly half a percent on Monday as concern revived that Britain will struggle to secure a deal on the terms of its departure from the European Union. The pound fell to a three-year low below $1.20 earlier this month, then soared more than 4%. Most of the gains came last week, after p...

Dollar falls as oil attacks send investors to safety
Monday, 16 September 2019 08:12 WIB

The dollar fell while safe-havens and currencies of oil producing countries rallied on Monday, following an attack on Saudi Arabian refining facilities that disrupted global oil supply and heightened Middle East tensions. Oil prices surged more than 15% following the strikes on two plants, includin...

ANOTHER NEWS
Hong Kong Shares Suffer Fresh Losses
Wednesday, 18 September 2019 03:34 WIB Hong Kong shares extended losses Tuesday on growing geopolitical fears after the weekend attack on Saudi oil facilities, while traders were also on edge over increasingly violent protests that have rocked the city for months. The Hang Seng Index...

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.