Euro Holds Gains vs Dollar Hit by Trade Tariffs and Weak Data
Tuesday, 3 December 2019 15:54 WIB | CURRENCIES |EUR/USD Euro

The euro and Japanese yen on Tuesday largely held gains made against the dollar this week after disappointing manufacturing data and signs of new fronts in U.S. President Donald Trump's trade war rattled greenback investors.

Moves in currency markets were broadly contained, however, with volatility remaining low and investors not appearing to take much fright at news of U.S. tariffs on imports of metals from Argentina and Brazil and the threat of more tariffs on a range of European goods.

The euro has recovered from a three-week low against the dollar of $1.0981 on Friday, moving as high as $1.1091 . On Tuesday it was flat on the day at $1.1076.

The yen also held most of its gains, a reversal from a six-month low plumbed before Trump™s tariff announcements. The dollar last traded at 109.08 yen, down from Monday™s 109.73.

Source : Reuters

RELATED NEWS

Euro Tops $1.12 Level for The First Time Since The Middle of March
Wednesday, 3 June 2020 15:14 WIB

The euro topped $1.12 for the first time in 11 weeks, extending the shift in the currency market amid optimism over economic reopenings across the globe. The euro traded at $1.1226 vs. $1.1168 on Monday. The New Zealand dollar and Australian dollar also rose against the greenback, as did the Britis...

EUR/USD tops 1.12 amid risk-on mood, ahead of data
Wednesday, 3 June 2020 13:51 WIB

EUR/USD is trading around 1.12, the highest since March. The safe-haven dollar is weakening amid optimism for reopening and stimulus, shrugging off civil unrest. Services PMIs from both sides of the pond and ADP's jobs report are both eyed. A broad-based US dollar weakness remains the dominant them...

Dollar Falls as Focus Shifts to Recovery Prospects
Wednesday, 3 June 2020 08:47 WIB

The dollar fell against most Asian currencies on Wednesday as prospects of more government stimulus and a global economic recovery emboldened investors to step up holdings of riskier assets. The Australian dollar hit a five-month high against the dollar, as funds headed toward economies that are se...

Pound Climbs Above $1.25 to 1-Month High, Brexit Hopes Support
Tuesday, 2 June 2020 15:17 WIB

Sterling climbed above $1.25 to its highest in a month against the dollar on Tuesday, as signs Britain might be willing to compromise on sticking points in a fresh round of Brexit negotiations with the European Union provided support. Britain is expected to indicate flexibility over fisheries and t...

Dollar on Defensive as Markets Pin Hopes on Global Economic Recovery
Tuesday, 2 June 2020 08:45 WIB

The dollar was on the defensive on Tuesday as investors stuck to hopes of a global economic recovery despite heightened concerns over U.S.-China tensions and mass protests in many U.S. cities over the death of a black man in police custody. The U.S. dollar's index against a basket of six major curr...

ANOTHER NEWS
Hong Kong Stocks Rise For Third Day (Review)
Thursday, 4 June 2020 03:20 WIB Hong Kong shares rallied for a third straight day Wednesday as the easing of lockdowns around the world overshadowed worries about China-US tensions. The Hang Seng Index climbed 1.37 percent, or 329.68 points, to 24,325.62. The benchmark Shanghai...

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.