Dollar Treading Water Ahead of Fed; Brexit Extension Hopes Lift Pound
Monday, 28 October 2019 15:47 WIB | CURRENCIES |USD/JPY,GBP/USDDolar AS Indeks DolarDolarDOLLAR

The U.S. dollar was trading near its highest levels in two weeks against the yen on Monday ahead of a keenly anticipated Federal Reserve meeting later in the week, while hopes for a Brexit extension boosted the British pound.

The dollar was up 0.1% to 108.74 against the yen by 04:17 GMT (08:17 GMT), not far highs of 108.94, which is the highest since Aug. 1.

The Fed is expected to deliver its third rate cut in as many meetings on Wednesday, and that has been priced in, but some analysts expect the Fed to sound "hawkish" by signaling it is reluctant to cut rates further.

Investors were also looking ahead to a Bank of Japan policy meeting on Thursday. The BoJ is leaning toward keeping policy on hold, but the decision is a close call as policymakers struggle with threats to the global outlook from the U.S.-China trade war and Brexit.

The U.S. dollar index, a gauge of the greenback against a basket of six major currencies was at 97.51, hovering below one-week highs. Sterling was also higher against the greenback, rising 0.23% to 1.2848 and was little changed against the euro at 0.8632.

Source : Investing.com

RELATED NEWS

Yuan and Aussie off four-month high, sterling ticks up
Monday, 16 December 2019 08:39 WIB

The Chinese yuan and the Australian dollar hovered below four-month highs touched last week in early Monday trade as investors pored over the U.S.-China trade deal, while sterling stayed strong after a decisive UK general election. The offshore yuan traded at 7.0026 yuan per dollar, slipping back f...

Dollar Hits Lowest Since July as Havens Retreat, Pound Rallies
Friday, 13 December 2019 15:59 WIB

The Bloomberg Dollar Spot Index drops a second week as riskier assets gain after U.S.-China agree on a phase-one trade deal and the U.K.™s Conservative Party wins a crushing majority in Thursday™s election. USD/JPY up 0.3% to 109.63 GBP/USD rallies by 2.7% to 1.3514, strongest since May 2...

Pound Surges Most in 2 1/2 Years as Election Results Filter In
Friday, 13 December 2019 07:57 WIB

The pound jumped by the most since 2017 on signs Boris Johnson's Conservative Party was on course to secure a strong majority in the U.K. election, raising hopes of an end to the Brexit deadlock. The surge took sterling to its highest level since May 2018 against the dollar and the strongest r...

Pound Holds Onto World-Topping Rally as Voting in U.K. Begins
Thursday, 12 December 2019 17:39 WIB

The pound reached the highest since March as British voters headed to the polls to decide between Conservatives hoping to deliver Brexit in January and a Labour Party promising a second referendum. Sterling gained for a fourth day before steadying near $1.32 as markets bet on a win for Boris Johnso...

Dollar Licks Wounds as Fed Disappoints Bulls, UK Election Awaited
Thursday, 12 December 2019 08:47 WIB

The dollar nursed its steepest losses in weeks on Thursday, after the U.S. Federal Reserve's benign inflation outlook hosed down expectations for a rate hike any time soon, pushing Treasury yields lower. Investors also remained on edge as Sunday's deadline for the next round of U.S. tariffs on Chin...

ANOTHER NEWS
First Phase of US-China Trade Deal Announced
Monday, 16 December 2019 09:09 WIB A trade deal between the United States and China, separately announced Friday by both countries, will be such a boon for American farmers they will "have to go out and buy much larger tractors," according to President Donald Trump. The U.S....

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.