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

Dollar Slips, Euro Pushes Higher after PMI Data
Thursday, 22 August 2019 15:16 WIB

The dollar slipped lower on Thursday as expectations for further Federal Reserve rate cuts waned, while the euro gained ground after Eurozone private sector data boosted hopes that the bloc's economy could avoid a recession. The dollar was down 0.2% at 1.1104 euro by 03:47 AM ET (07:47 GMT) after F...

Dollar Holds Gains After Fed Minutes Temper Rate Cut Expectations
Thursday, 22 August 2019 09:08 WIB

The dollar held gains on Thursday after minutes from the Federal Reserve's last policy meeting hosed down some aggressive expectations the central bank would embark on a series of deep interest rate cuts. Asian currencies are expected to trade in tight ranges on Thursday ahead of U.S. Federal Reser...

Dollar Hovering Near 3-Week Highs ahead of Fed Minutes
Wednesday, 21 August 2019 15:11 WIB

The U.S. dollar was hovering just below three-week highs in subdued trade on Wednesday as investors looked ahead to the minutes of the Federal Reserve's July meeting later in the day for fresh clues on the monetary policy outlook. The Fed cut rates for the first time since 2008 last month in what C...

Dollar Nudged Off Three-Week Peak as U.S. Yields Dip Before Jackson Hole Meet
Wednesday, 21 August 2019 08:47 WIB

The dollar was on the defensive on Wednesday, elbowed off a three-week peak by a reversal in U.S. yields as they headed south again ahead of a meeting of central bankers, at which the Federal Reserve is expected to give clues on further rate cuts. Central bankers will gather at Jackson Hole, Wyomin...

Euro Tests Lows Ahead of Expected No-Confidence Vote in Italy
Tuesday, 20 August 2019 15:22 WIB

The dollar was little changed in early trading in Europe Wednesday but starting to build momentum against the euro at the start of a day where politics is likely to dominate economics. The euro was at $1.1079 by 3:30 AM ET (07:30 GMT) and looking to test last week™s low of $1.1066 ahead of a big ...

ANOTHER NEWS
Boeing Boosts Dow While Investors Await Powell
Friday, 23 August 2019 04:03 WIB Investors are betting big on Boeing for now, and the Dow Jones Industrial Average was the beneficiary on Thursday. The Dow finished the day up 0.2%, or about 50 points. But Boeing's shares were up more than 4.3% and added nearly 98 points to 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.