Euro Stuck Near Two-Month Low as Markets Brace For Dovish ECB
Thursday, 25 July 2019 08:14 WIB | CURRENCIES |Dolar EuroPoundsterling

The euro was mired near a two-month low on Thursday ahead of a European Central Bank meeting that could signal monetary easing as growth in the currency zone falters.

Sentiment towards the single currency took a blow after data showed Germany™s manufacturing sector contracted at the fastest pace in seven years while French business growth unexpectedly slowed, sending European bond yields lower.

The dollar found support after U.S. Treasury Secretary Steven Mnuchin said he would not advocate for a weaker currency.

The common currency traded at $1.11415 after touching $1.11270, its lowest since May 31.

The euro has fallen 2.0% so far this month on increased speculation the ECB would join other central banks in easing policy as a trade war between the United States and China weakens the global economy.

Sterling was a shade higher at $1.2484, staging a modest recovery from a 27-month low of $1.2382 reached last week.

Source : Reuters

RELATED NEWS

Yen rises, yuan falls as U.S.-China trade deal this year looks unlikely
Thursday, 21 November 2019 07:52 WIB

The yen rose against the dollar on Thursday after sources close to the White House told Reuters that a U.S.-China trade deal is unlikely this year, which spurred demand for safe-haven assets. The yuan eased toward a two-week low in offshore trade as failure to reach a deal to roll back U.S. tariffs...

U.S. Dollar Flat as Tensions With China Rise Over Hong Kong
Wednesday, 20 November 2019 23:29 WIB

The U.S. dollar was flat on Wednesday ahead of the expected release of the Federal Reserve meeting minutes and as tensions between Washington and Beijing rose. China took offense to the U.S. Senate passing legislation that backed Hong Kong protesters and would ban the export of items like tear gas ...

EUR/USD drops to lows near 1.1060, focus shifts to FOMC
Wednesday, 20 November 2019 16:04 WIB

The single currency is now under renewed downside pressure and drags EUR/USD to fresh 2-day lows in the 1.1060 region. EUR/USD weaker on trade concerns, looks to FOMC The pair is interrupting a 4-day positive streak on Wednesday in response to the pick-up in the demand for the greenback, increasin...

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...

ANOTHER NEWS
Oil Eases as Trade Deal Outlook Offsets Falling U.S. Stockpiles
Thursday, 21 November 2019 09:09 WIB Oil eased after the biggest increase in more than two weeks as signs of a stumble in U.S.-China trade talks offset shrinking stockpiles at a key American crude storage hub. January futures slipped 0.4% in New York after surging 3% 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.