Dollar steadies after rise in bets on bigger Fed rate cut
Friday, 19 July 2019 15:16 WIB | CURRENCIES |DOLLAR Indeks Dolar Euro

The U.S. dollar recovered slightly in early Friday trading, having fallen heavily after dovish comments from a key policymaker bolstered expectations of an aggressive interest rate cut this month.

At a central banking conference on Thursday, New York Fed President John Williams argued for pre-emptive measures to avoid having to deal with too-low inflation and interest rates.

That sent the dollar down before it rebounded slightly after a New York Fed representative subsequently said Williams' comments were academic and not about immediate policy direction.

The euro weakened 0.2% to $1.1261 but remained firmly within its weekly range as traders wait for next week's European Central Bank meeting.

The dollar index, which hit a two-week low of 96.648, bounced to 96.855. The dollar did particularly well against the yen, rising 0.3% to 107.60.

Source : Reuters

RELATED NEWS

Dollar, yen supported as caution prevails on mixed trade signals
Wednesday, 20 November 2019 08:36 WIB

The dollar and the safe-haven yen found support on Wednesday as a lack of clarity on U.S.-China trade talks kept investors cautious ahead of the release of minutes from the U.S. Federal Reserve's last policy meeting. Moves were slight as jaded traders again weighed mixed messages on trade, with mor...

Sterling Keeps Gains as Traders Remain Hopeful of a Tory Majority
Tuesday, 19 November 2019 23:29 WIB

Sterling traded flat on Tuesday after a new poll reinforced expectations the Conservative Party will win a parliamentary majority in Britain's election next month. Prime Minister Boris Johnson's Tories have surged to an 18-point lead over the opposition Labour Party, according to an opinion poll pu...

Dollar steadies after 3 days of losses as trade deal hopes dim
Tuesday, 19 November 2019 16:04 WIB

The dollar stabilized against a broad basket of other currencies on Tuesday after three consecutive days of losses as investors waited for the release of the minutes of the U.S. central bank meeting at end-October when policymakers had cut interest rates. Against a basket of its rivals (DXY), the g...

Dollar nurses losses as hopes for trade deal fade
Tuesday, 19 November 2019 08:08 WIB

The dollar nursed losses against major currencies on Tuesday as receding hopes for a preliminary trade deal between the United States and China hurt demand for the greenback. There have been high expectations that the United States and China would sign a so-called œphase one deal some time thi...

U.S. Dollar Falls as Trade Deal Uncertainty Spreads
Monday, 18 November 2019 23:27 WIB

The U.S. dollar fell on Monday after CNBC reported that Chinese officials are pessimistic that a trade deal will be signed. The report, which cited government sources, said the bleak outlook was due to U.S. President Donald Trump™s reluctance to roll back tariffs. China has been pushing for the t...

ANOTHER NEWS
Tokyo stocks close lower on fresh trade worries
Wednesday, 20 November 2019 13:42 WIB Tokyo stocks closed lower on Wednesday as the market was weighed down by fresh concerns on US-China trade talks after Beijing hit out at the US over Hong Kong protests. The benchmark Nikkei 225 index was down 0.62 percent or 144.08 points to...

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.