U.S. Dollar Slumps to Three-Month Low on Dovish Fed
Thursday, 20 June 2019 23:20 WIB | CURRENCIES | Indeks DolarDolar AS

The U.S. dollar fell to a three-month low on Thursday after the Federal Reserve indicated that it was prepared to cut interest rates this year.

The U.S. dollar index, which measures the greenback™s strength against a basket of six major currencies, was down 0.4% to 96.180 by 10:27 AM ET (14:27 GMT).

Federal Reserve policymakers signaled on Wednesday that they would be willing to cut rates in order to combat slowing global growth and cooling inflation.

The dollar fell against the safe-haven Japanese yen, with USD/JPY down 0.4% to 107.63.

The Bank of Japan kept rates steady overnight, but echoed the Fed in its warning on global risks. The BOJ signaled it could also increase stimulus to help the Japanese economy.

Elsewhere, the euro was stronger on the weak dollar, with EUR/USD up 0.7% to 1.1305, while sterling was also higher. GBP/USD rose 0.4% to 1.2692. USD/CAD fell 0.8% to 1.3177.

Source: Investing.com

RELATED NEWS

Euro steady as U.S. dollar set for worst week since October
Friday, 6 December 2019 16:32 WIB

The euro was steady against the dollar on Friday, though the greenback was headed for its worst week since mid-October, dragged down by nervousness around U.S.-China trade relations and hints of weakness in the U.S. economy. The resurgent kiwi enjoyed a hefty recovery thanks to some renewed risk ap...

Dollar Heads For Weekly Decline as Data and Trade Tensions Weigh
Friday, 6 December 2019 08:19 WIB

The dollar nursed a week of losses on Friday, hit by nervousness on trade and mixed signals about the U.S. economy, while the British pound stood tall as bets firmed that Prime Minister Boris Johnson can win a commanding electoral victory. The safe havens of the Japanese yen and Swiss franc were in...

Dollar Edges Lower Amid Mixed Messages on Trade
Thursday, 5 December 2019 15:21 WIB

The dollar edged lower against a basket of its rivals on Thursday as mixed messages on trade from U.S. President Donald Trump tempered hopes that China and the U.S. may soon reach an agreement to end their protracted trade war. Trump said on Wednesday that trade talks with China were going "very we...

AUD/JPY Drops to 74.35 After Aussie Data Dump
Thursday, 5 December 2019 08:45 WIB

AUD/JPY plummets to 74.36 amid the Asian session on Thursday. The pair reacts to the downbeat Retail Sales and Trade Balance numbers from Australia. Australia™s October month Trade Balance slipped below 6,100M forecast to 4,502M while Retail Sales lagged behind 0.3% market consensus to 0.0%. This...

Yen Extends Gain as China Threatens to Retaliate U.S. House Bill
Wednesday, 4 December 2019 15:18 WIB

The yen advances and the Bloomberg Dollar Spot Index snaps a three-day decline as trade concerns see havens bid and high-beta currencies under modest pressure. The greenback advances versus most of its Group-of-10 peers, except yen and Swiss franc. USD/JPY slips 0.2% to 108.44, down a fifth d...

ANOTHER NEWS
Hong Kong stocks finish week on positive note (Review)
Saturday, 7 December 2019 04:32 WIB Hong Kong closed more than one percent higher Friday, boosted by renewed hopes that China and the United States will eventually reach a partial trade deal. The Hang Seng index added 1.07 percent, or 281.33 points, to 26,498.37. The benchmark...

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.