Dollar Steady; Australian Dollar Rises on Strong Chinese Data
Monday, 15 July 2019 15:17 WIB | CURRENCIES |DOLLAR Indeks DolarAussieDolar

The U.S. dollar was little changed on Monday as expectations for a Federal Reserve rate cut continued to weigh.

The U.S. dollar index that tracks the greenback was little changed at 96.472 by 1:08 AM ET (05:08 GMT).

Fed Chair Jerome Powell and Chicago Fed President Charles Evans both made comments last week indicating that rate cuts are needed in order to boost inflation.

Markets have priced in a 25 basis-point rate cut at the end of July, and there is a roughly 20% chance of a 50 basis point cut.

Investors will be looking to U.S. retail sales figures due Tuesday and company earnings for signs of how shoppers and businesses are weathering the slowdown.

Meanwhile, the Australian dollar rose 0.2% following some better-than-expected Chinese data.

Source : Investing.com

RELATED NEWS

Pound Stumbles After Weaker-Than-Expected U.K. Retail Sales Data
Friday, 17 January 2020 17:01 WIB

The British pound fell Friday after data showed U.K. retail sales falling by 0.6% in December versus the previous month, adding to a picture of a weak economy that may need interest rate cuts to stimulate growth. In the three months to December 2019, sales fell 1% against the prior three months. Th...

Dollar Stands Tall on Stronger U.S. Data, Hits Fresh Eight Month-High vs Yen
Friday, 17 January 2020 08:31 WIB

The dollar gained on Friday as U.S. data suggested the world™s largest economy maintained a moderate growth pace at the end of 2019, reaching an eight-month peak against the safe-haven yen. U.S. retail sales increased for a third straight month in December and the number of Americans filing claim...

Dollar Calm; Focus on Emerging Central Banks
Thursday, 16 January 2020 16:29 WIB

The U.S. dollar is largely unchanged in European trade early Thursday, as a degree of calm prevails following the signing of the Sino-U.S. trade deal. At 03:25 ET (08:25 GMT), the euro traded at $1.1155, up 0.1%, while sterling stood at $1.3046, up 0.1%. The dollar traded at 110.05 yen, up 0.1%. Th...

Dollar Softens as Sino-U.S.Trade Deal Optimism Lifts Asian Currencies
Thursday, 16 January 2020 08:52 WIB

The dollar gave a little ground to riskier Asian currencies on Thursday, as investors hoped the Sino-U.S. trade deal could herald warmer relations between the world™s two biggest economies and help to revive global growth. Beijing and Washington touted the Phase 1 deal, signed overnight at the Wh...

Pound Slips After Weaker Inflation Adds to Case for BOE Stimulus
Wednesday, 15 January 2020 17:54 WIB

The pound slid and gilts rallied after inflation data backed up Bank of England policy maker Michael Saunders' call for urgent stimulus to boost the U.K. economy. Sterling fell against all its peers and 10-year government bond yields dropped to the lowest in more than a month as the data fueled bet...

POPULAR NEWS
Saturday, 18 January 2020 04:14
Hong Kong Stocks End Week with Gains (REview)
Friday, 17 January 2020 04:22
Hong Kong Stocks Finish with Gains (Review)
Friday, 17 January 2020 21:50
Dow, S&P 500, Nasdaq Open at Intraday Records
ANOTHER NEWS
S&P 500, Dow close at new records, notch best weekly gains since August
Saturday, 18 January 2020 04:19 WIB U.S. stocks closed at all-time highs Friday, marking the third-straight record close for the Dow and S&P 500, as investors cheered bullish economic data and continued to ride a wave of trade optimism. The Dow Jones Industrial Average rose 50...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersif