Cautious optimism supports dollar ahead of ECB
Wednesday, 11 September 2019 08:43 WIB | CURRENCIES |DOLLARCurrency Europound

Fragile investor confidence supported the dollar and weakened the yen on Wednesday but currency markets kept to tight ranges ahead of series of major central bank meetings over the next week.

Investor focus for now is centred on the European Central Bank™s meeting on Thursday, which is expected to push interest rates even further into negative territory.

The ECB could set the tone for upcoming rate-setting decisions by the U.S. Federal Reserve and the Bank of Japan next week, and for the broader global risk appetite.

Bonds slid overnight and the yen hit 107.65 per dollar, its lowest since Aug. 1.

The euro, which has shed 3% since June, was flat at $1.1047. The dollar was flat against the Australian dollar at $0.6860 and steady on the yen and the New Zealand dollar.

the pound has held on to last week's gains after British parliament passed a law compelling Prime Minister Boris Johnson to seek a delay to the Oct. 31 date for leaving the European Union. Sterling last traded at $1.2353.

Source : Reuters

RELATED NEWS

Respite for Sterling as Traders Shun Safe-Haven Dollar
Friday, 27 March 2020 18:54 WIB

Sterling rose on Friday as investors became more confident that the United States government and central bank economic stimulus could alleviate some of the impact of the coronavirus crisis. The U.S. dollar had previously strengthened on the back of its perceived safe-haven status while sterling - c...

Dollar climbs down as panic subsides, on course for biggest loss in decade
Friday, 27 March 2020 08:19 WIB

The dollar is on track for its biggest weekly fall in more than a decade on Friday as a series of stimulus steps around the world, including a $2.2 trillion U.S. package, calmed a panic over a global recession following the coronavirus outbreak. Data showing an unprecedented rise in U.S. jobless cl...

Euro Benefits From Talk of Corona Bonds
Thursday, 26 March 2020 16:10 WIB

The euro has posted gains Thursday amid talk of a new debt instrument to combat the coronavirus outbreak as the death toll rises and the economic damage becomes more stark. At 4:10 ET (0810 GMT), EUR/USD traded at 1.0938, up 0.5%. Elsewhere, the U.S. Dollar Index, which tracks the greenback agains...

Dollar Dips as Investors Brace For Surge in Jobless Claims
Thursday, 26 March 2020 07:59 WIB

The dollar fell against the yen on Thursday before data expected to show a surge in U.S. claims for unemployment benefits as companies lay off workers due to the rapid spread of the coronavirus. The pound extended declines against the euro and the dollar due to lingering worries that Britain is not...

Dollar Slips Back on Stimulus Hopes; Euro Gains Slightly
Wednesday, 25 March 2020 17:16 WIB

The U.S. dollar has traded lower Wednesday, as currency investors take comfort in the agreement reached over a hefty stimulus package by the U.S., and look to get into currencies perceived as more risky. Senior Democrats and Republicans in the divided U.S. Congress said late Tuesday they had struck...

ANOTHER NEWS
Hong Kong Stocks Finish With Gains (review)
Saturday, 28 March 2020 03:16 WIB Hong Kong stocks rose Friday, closing a healthy week on a positive note as investors welcomed a blockbuster US stimulus plan and pledges by the Federal Reserve to ease liquidity concerns. The Hang Seng Index added 0.56 percent, or 131.94 points,...

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.