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 more upbeat reports offset by U.S. President Donald Trump delivering yet another warning of more tariffs if talks fail.
After falling overnight, the greenback rose a little on the Australian dollar to $0.6824 and on the New Zealand dollar to $0.6426.
It was marginally higher against the euro at $1.1077 and against a basket of currencies the dollar last traded a little stronger at 97.862.
The yen regarded as a safe-haven by virtue of Japan's status as the world's biggest creditor, touched 108.37 per dollar, its highest since Friday.
Source : Reuters
RELATED NEWS
Post-Election Brexit Hopes Boost Sterling
Monday, 16 December 2019 16:06 WIBSterling rallied on Monday, moving towards last week™s highs, as British Prime Minister Boris Johnson eyes a vote in parliament soon to deliver hit Brexit deal. Johnson will œget Brexit done by Jan. 31 and then agree a new trade deal with the European Union by the end of 2020, cabinet office...
Yuan and Aussie off four-month high, sterling ticks up
Monday, 16 December 2019 08:39 WIBThe 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 WIBThe 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 WIBThe 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 WIBThe 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...
Gold prices rise on weaker dollar as traders weigh progress on U.S.-China trade
Hong Kong Stocks Soar on Trade Deal Reports (Review)
Stock market books tepid gains to end the week as market weighs merits of limited China trade-deal
U.S. oil futures settle above $60 for first time since mid-September
European stocks close higher on US-China deal; UK stocks rally on election result
U.S. Stock Futures Point to Higher Start, Buoyed by Preliminary U.S.-China Trade Deal
Monday, 16 December 2019 19:50 WIB
U.S. stock-index futures pointed higher Monday, with the upbeat tone tied to a preliminary U.S.-China trade deal, though questions remained over the details of the long-awaited œphase one accord.
Futures on the Dow Jones Industrial Average...