Yen struggles, USD steady in subdued trade in Asia
Tuesday, 24 December 2019 09:53 WIB | CURRENCIES | YenDolar

The U.S. dollar held steady and the Japanese yen clawed back some ground on Tuesday morning in Asia with markets subdued by the holiday break.

Currencies have been influenced by contradictory developments, as the trade tension between the U.S. and China appears to have subsided but China has stepped up criticism that the U.S. is interfering in Hong Kong, Taiwan and other matters it considers internal.

The U.S. dollar index was marginally higher, up 0.01% to 97.67 by 8:30 PM ET (01:30 GMT) on Tuesday.

The People™s Bank of China set the reference rate of the yuan at 7.0119, compared to 7.0117 on Monday.

The USD/JPY pair gained 0.02% to 109.42. Rates in Japan, which have been negative for most of the year, are now just above 0% but the Bank of Japan said last week that they are likely to remain low.

The AUD/USD pair was down 0.04% to 0.6918.

The NZD/USD pair gained 0.04% to 0.6632.

The GBP/USD pair gained 0.07% to 1.2942. The pound gave up as much as 0.5% on Monday coming off its worst week in two years driven by Brexit-related fears.

Markets in Hong Kong and Australia close early on Tuesday and are closed on Wednesday for the Christmas holiday.

Source: Investing.com

RELATED NEWS

Risk currencies buoyed by cautious hopes pandemic is peaking
Thursday, 9 April 2020 08:21 WIB

Risk-sensitive currencies climbed on Thursday on budding optimism the coronavirus pandemic may be peaking although the euro was dented by the European Union's failure to agree on more support for their weakened economies. The Australian dollar fetched $0.6233, trading near its highest level since m...

Dollar Gains as Coronavirus News Disappoints
Wednesday, 8 April 2020 15:50 WIB

The U.S. dollar is back in demand Wednesday, as investors sought safe havens amid disappointing news surrounding the coronavirus outbreak and the economic damage in Europe becomes apparent. At 3 AM ET (0700 GMT), the U.S. Dollar Index, which tracks the greenback against a basket of six other curren...

Dollar creeps higher as virus worries return
Wednesday, 8 April 2020 08:47 WIB

The dollar found a footing on Wednesday as investors returned to safe-havens, unwinding some risk currency gains made on hopes the coronavirus crisis in Europe and New York was slowing. The greenback rose on most majors besides the safe-haven Japanese yen, a day after suffering its worst drop again...

Pound Rallies as Risk Appetite Returns, Traders Await News on Johnson
Tuesday, 7 April 2020 23:33 WIB

Sterling rallied on Tuesday with a broad rebound in risk markets encouraging some selling of the dollar, while traders awaited news on British Prime Minister Boris Johnson, who is stable in intensive care as he battles COVID-19 symptoms. Johnson, 55, was moved into intensive care late on Monday aft...

Dollar Weakens as Risk Sentiment Improves
Tuesday, 7 April 2020 16:15 WIB

The dollar has been on the back foot Tuesday, with risk sentiment boosted by further evidence that the virus has peaked in some countries in Europe, while the U.S. has also seen scattered evidence of improvement. At 3:10 AM ET (0710 GMT), the U.S. Dollar Index, which tracks the greenback against a ...

ANOTHER NEWS
Risk currencies buoyed by cautious hopes pandemic is peaking
Thursday, 9 April 2020 08:21 WIB Risk-sensitive currencies climbed on Thursday on budding optimism the coronavirus pandemic may be peaking although the euro was dented by the European Union's failure to agree on more support for their weakened economies. The Australian dollar...

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.