Dollar Hits 3-Week Lows on Fed Rate Cut View
Tuesday, 4 June 2019 15:28 WIB | CURRENCIES |DOLLAR Indeks Dolar Euro

The U.S. dollar hit three-week lows against a currency basket on Tuesday as growing expectations for an interest rate cut by the Federal Reserve pressured Treasury yields, while persistent concerns over the global growth outlook boosted the safe haven yen.

The benchmark 10-year Treasury's yield fell to its lowest since September 2017 overnight, near 2%, after St. Louis Federal Reserve President James Bullard said a rate cut "may be warranted soon" given weak U.S. inflation and the threat to economic growth posed by global trade tensions.

The firm yen weighed on the dollar index, which was at 97.067 after hitting a three-week trough of 96.917 overnight.

The euro rose 0.2% to 1.1261, helped by dollar weakness.

Source : Investing.com

RELATED NEWS

Dollar Falls on Rising Euro, Higher U.S. Stocks
Tuesday, 14 July 2020 23:31 WIB

The dollar fell in North American trade on Tuesday as the euro rose on optimism about the possibility of a European Union stimulus package and as U.S. stocks gained. The U.S. dollar index, which measures the safe-haven greenback against a basket of six rival currencies, was down 0.31% to 96.265. Th...

Dollar Grinds Higher As U.S.-China Tensions And Virus Unnerve Investors
Tuesday, 14 July 2020 15:48 WIB

The U.S. dollar edged up on Tuesday as diplomatic tensions between the United States and China and rising coronavirus cases knocked investor confidence, although moves in currency markets were small in a quiet session. While stock markets fell as investors turned cautious, the safe-haven yen was li...

Dollar in narrow range as U.S.-China tensions simmer, virus cases rise
Tuesday, 14 July 2020 08:35 WIB

The dollar was hemmed into narrow ranges against most currencies on Tuesday as renewed concerns about diplomatic tension between the United States and China and rising coronavirus cases put a dent in risk appetite. The dollar stood at 107.35 yen on Tuesday in Asia following a 0.4% gain in the previ...

Dollar Falls as U.S. Earning Season Kicks Off
Monday, 13 July 2020 23:12 WIB

The U.S. dollar edged lower on Monday as investors looked to domestic corporate earnings and upcoming retail data to gauge whether guarded optimism on the country's economic outlook is justified. The index that measures the dollar against a basket of six other major currencies - which often serves ...

Dollar Decline Resumes As Investors Look To Economic Data, Earnings
Monday, 13 July 2020 15:21 WIB

The U.S. dollar edged lower on Monday as investors looked to incoming global economic data and U.S. corporate earnings to gauge whether the markets™ guarded optimism on the economic outlook is justified. The greenback had ended its third week of losses on Friday as investors bought into risk-sens...

ANOTHER NEWS
Hong Kong Stocks Close Lower (Review)
Wednesday, 15 July 2020 03:20 WIB Hong Kong shares finished more than one percent lower Tuesday, in line with an Asian retreat, as traders fret over the reimposition of containment measures in several countries as the virus flares up again. The Hang Seng Index shed 1.14 percent,...

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.