Dollar Clings to Gains as Gulf Tensions Bolster Safe-Haven Bid
Monday, 22 July 2019 08:10 WIB | CURRENCIES | Indeks Dolar Yen EuroDolar AS

The dollar held recent gains on Monday as investors tempered some of their expectations for deep U.S. interest rate cuts this month and heightened Middle East tensions supported safe-haven assets.

While currency market focus will mostly center on global central bank decisions scheduled for the next two weeks, investors are also watching for any developments in U.S.-China trade negotiations.

Markets generally expect central banks to either cut rates or keep policy accommodative, starting with the European Central Bank (ECB) which meets on Thursday followed by the Bank of Japan and the U.S. Federal Reserve next week.

The dollar hovered at levels it hit on Friday, around 107.73 yen , but was trapped in the middle of a 107-109 range where it has traded for a month.

The dollar index (DXY), which measures the greenback against a basket of six major currencies, was barely changed at 97.147 after gaining 0.35% last week.

The euro was flat at $1.1217, after declining 0.4% last week.

Source : Reuters

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
Oil Set for Weekly Gain on Signs of Trade Thaw, Tighter Supplies
Friday, 23 August 2019 07:50 WIB Oil is on track for a weekly gain, buoyed by signs of a cooling in trade tensions between the U.S. and China and after official data showed a draw down in U.S. crude inventories. Futures in New York were up 0.1%, after falling 0.6% on...

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.