Dollar Holds Gains as Trade Hopes Rise, Impeachment Risk Ebbs
Thursday, 26 September 2019 08:47 WIB | CURRENCIES |DOLLAR

The dollar found broad support on Thursday as investors welcomed U.S. President Donald Trump's hints of progress toward a trade deal with China and discounted the prospect of an impeachment probe making much headway in the short term.

The dollar index (DXY) posted its sharpest daily gain in three months overnight and held steady in Asian trade.

The greenback also held gains on the euro and pound, steadying near two-week highs. A euro (EUR=EBS) bought $1.0951 at 01:05 GMT. The dollar hovered near a three-week high against the Australian dollar, which bought $0.6749 .

Sterling nursed losses at $1.2359, after dropping more than 1% overnight as investors priced in many more months of Brexit and election risk.

Source : Reuters

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