Pound Slips, Euro Remains Near 2-Month Lows Ahead of ECB Policy Meeting
Thursday, 25 July 2019 13:04 WIB | CURRENCIES | Yen EuroDolar ASpound

The euro remained near 2-month lows against the U.S. dollar on Thursday in Asia ahead of the European Central Bank™s (ECB) policy meeting due later in the day.

The EUR/USD pair was little changed at 1.1136 by 1:04 AM ET (05:04 GMT).

Some traders expect dovish guidance from the central bank, which paves the way for easing in September.

The euro is now down about 2% in July on speculation of an ECB easing amid continuing concerns surrounding the Sino-U.S. trade war.

Meanwhile, data that showed Germany™s manufacturing sector contracted at the quickest pace in seven years and French™s business growth has unexpectedly slowed also sent the euro lower.

Meanwhile, the GBP/USD pair slipped but was off session lows. Boris Johnson on Tuesday won the contest to be the next British prime minister and raised concerns of a no-deal Brexit. The USD/JPY pair slipped 0.1% to 108.08.

Source : Investing.com

RELATED NEWS

Dollar Mixed as Chinese Stimulus Papers Over Economic Ills
Monday, 17 February 2020 16:21 WIB

The dollar was mixed against developed-market peers in early trading on Monday after hitting a new four-month high in overnight trading. The greenback was also a touch weaker against the Chinese yuan after the People™s Bank of China added to its already extensive stimulus measures since the outbr...

Euro Near Three-Year Low on Sluggish Growth, Yen Steady Despite Weak GDP
Monday, 17 February 2020 09:00 WIB

The euro was on the back foot on Monday, as concerns mounted about weakening economic growth in Europe at a time financial markets and policymakers fret about a new threat to the global economy from a fast spreading coronavirus in China. The euro, which hit a 33-month low of $1.0817 on Friday, fetc...

Euro Drops to New Low as GDP Data Confirm Weak Growth
Friday, 14 February 2020 19:52 WIB

The euro fell again to a nearly three-year low on Friday amid worries about slowing growth in the euro zone, as fourth-quarter data confirmed the economy's sluggish performance. The euro has lost close to 1% so far this week and is on track for its worst two-week performance since mid-2018. Euro z...

Sterling Consolidates Gains after Change of Finance Minister
Friday, 14 February 2020 16:17 WIB

Sterling held to its recent jump on Friday as traders stuck with the view that the new British finance minister would unveil a more expansionary budget next month. With growth weak in Britain, many economists and investors want to see the UK expand fiscal spending to help weather the impact of Brit...

EUR/USD Little Changed After German Prelim GDP Arrives At 0.0% In Q4 VS +0.1% Expected
Friday, 14 February 2020 14:18 WIB

The German economy showed no growth inter-quarter in the fourth quarter of 2019, arriving at 0.0% against expectations of +0.1%, the preliminary report by Destatis showed this Friday. Meanwhile, the yearly rate grew by 0.3% in Q4 as compared to the previous reading of +1.0%, but bettered market exp...

POPULAR NEWS
Saturday, 15 February 2020 04:28
S&P 500 posts slim gain, helped by Nvidia boost
Saturday, 15 February 2020 01:47
Gold futures score gains for the session and week
Monday, 17 February 2020 08:36
Gold Steadies as Countries Plan Stimulus Measures
ANOTHER NEWS
Gold Edges Lower as Chinese Stimulus Hope Supports Risk Appetite
Monday, 17 February 2020 20:59 WIB Gold prices were fractionally lower on Monday, largely unmoved by either virus-related concerns or by worse-than-expected growth numbers from Japan. In quiet trading subdued by the U.S. Presidents Day holiday, gold futures were down 0.1% from...

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.