Yen tumbles, Australian, New Zealand dollars rally on upbeat China data
Monday, 2 December 2019 16:04 WIB | CURRENCIES |Aussie Euro YenCurrency

The Japanese yen fell to a six-month low on Monday and the Australian and New Zealand dollars rallied after an unexpected rebound in Chinese manufacturing activity raised hopes of a brighter outlook for the world economy.

The euro was steady ahead of a testimony to the European parliament later in the day by the European Central Bank™s new president, Christine Lagarde. A tightening British election race knocked the pound lower.

The latest data out of China, the world™s second biggest economy, set the tone for currency markets. Chinese factory activity expanded at the quickest pace in almost three years in November, a private business survey showed on Monday, following upbeat official data over the weekend.

The safe-haven yen fell to 109.73 per dollar, its lowest since May and was last down a fifth of a percent at 109.63.

Riskier currencies also rallied after the Chinese data, with the Australian dollar up a third of a percent at $0.6779.

The euro was steady at $1.1017 before Lagarde's testimony to the European parliament later in the day.

Source : Reuters

RELATED NEWS

Dollar Set For Biggest Weekly Drop in a Month before U.S. Data
Thursday, 2 July 2020 18:51 WIB

The U.S. dollar slipped to a one-week low against its rivals on Thursday as upbeat U.S. and European economic data sharpened risk appetite, with hopes for a COVID-19 vaccine breakthrough also helping sentiment. Against a basket of currencies, the greenback is on track for its biggest weekly drop in...

Dollar falls to one-week lows on data hopes
Thursday, 2 July 2020 15:17 WIB

The U.S. dollar slipped to a one-week low against its rivals on Thursday as upbeat U.S. and European economic data sharpened risk appetite, with hopes for a COVID-19 vaccine breakthrough also helping sentiment. Against a basket of currencies, the greenback is on track for its biggest weekly drop in...

Dollar On Defensive As Upbeat Data Dulls Safe-Haven Appeal
Thursday, 2 July 2020 08:42 WIB

The dollar was on the defensive against more growth-sensitive currencies on Thursday, following upbeat U.S. and European economic data but renewed worries about the coronavirus blunted more aggressive risk taking. The market sentiment gained an additional boost from the news that a COVID-19 vaccine...

Dollar Edges Up, Euro Slips; U.S. Economic Data in Focus
Wednesday, 1 July 2020 18:30 WIB

Improved European economic data boosted risk appetite on Wednesday, while the euro slipped and the dollar index rose slightly as markets balanced hopes for a global economic recovery with surging COVID-19 infections in the United States. With transmission rates of the coronavirus falling in much of...

Dollar Steadies, Yen Gains; European Economic Data in Focus
Wednesday, 1 July 2020 15:08 WIB

Currency traders were broadly cautious in early London trading on Wednesday, with the Japanese yen seeing its first session of gains in more than a week, before key European and U.S. economic data. The dollar rose overnight before erasing gains, ahead of U.S. manufacturing data for June, which is e...

ANOTHER NEWS
Nasdaq Closes at Record For Second Straight Session Ahead of July 4th Holiday
Friday, 3 July 2020 03:19 WIB U.S. stocks clung to their gains at the end of Thursday after a stronger-than-expected employment report confirmed the labor market's rapid recovery at the end of the second-quarter. Wall Street will be shuttered on Friday in honor of the...

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.