Euro Benefits From Talk of Corona Bonds
Thursday, 26 March 2020 16:10 WIB | CURRENCIES | Euro

The euro has posted gains Thursday amid talk of a new debt instrument to combat the coronavirus outbreak as the death toll rises and the economic damage becomes more stark.

At 4:10 ET (0810 GMT), EUR/USD traded at 1.0938, up 0.5%.

Elsewhere, the U.S. Dollar Index, which tracks the greenback against a basket of six other currencies, stood at 100.580, down 0.4%.  USD/JPY fell 0.7% to 110.44, while GBP/USD traded at 1.1950, up 0.5%.

Europe has become the fiercest battleground in the war against the Covid-19 outbreak, with well over 180,000 cases confirmed. The death toll keeps rising across the region, with Italy now registering a higher number than China, and Spain not far behind. However, the rate of new infections appears to be slowing rapidly in most countries across the continent, with the exception of the U.K., analysts at Pantheon Macroeconomics said in a note to clients.

Source : Investing.com

RELATED NEWS

Dollar Edges Lower; Petro Currencies Gain on Trump Comments
Thursday, 2 April 2020 15:24 WIB

The dollar edged lower in European trading Thursday, with investors seemingly prepared to move out of the safe haven into riskier currencies ahead of key U.S. unemployment data. At 3 AM ET (0700 GMT), the U.S. Dollar Index, which tracks the greenback against a basket of six other currencies, stood ...

Dollar supported as investors seek safety in liquidity
Thursday, 2 April 2020 08:21 WIB

The dollar held gains on Thursday as investors rushed to the security of the world's most liquid currency as the coronavirus pandemic caused massive disruptions to global trade. The dollar index against a basket of major six currencies (=USD) gained 0.53% overnight as the U.S. currency advanced aga...

Sterling Steadies as Dollar Surges on Global Recession Angst
Wednesday, 1 April 2020 23:42 WIB

Sterling steadied against a buoyant dollar on Wednesday amid a wider selloff in global stock markets as data showed factory activity across the world contracting sharply due to the coronavirus pandemic. Manufacturing gauges tumbled across the globe, with Purchasing Managers' Index (PMI) surveys in ...

Dollar in Demand as Economic Damage Worsens
Wednesday, 1 April 2020 15:13 WIB

The dollar traded a little higher Wednesday, helped by its status as a safe haven currency as manufacturing data out of Asia pointed to a severe economic slowdown as the region tries to combat the coronavirus pandemic. At 03:10 AM ET (0710 GMT), the U.S. Dollar Index, which tracks the greenback aga...

AUD/USD keeps losses after big beat on China Caixin PMI
Wednesday, 1 April 2020 09:33 WIB

AUD/USD is struggling to draw bids on the back of a better-than-expected China manufacturing data. The currency pair continues to trade in the red near 0.6120, having faced rejection at 0.6158 in early Asia. China's Caixin Manufacturing PMI, which focuses on small and medium-sized export-oriented u...

ANOTHER NEWS
Gold Extends Rise After Another Surge In Jobless Claims
Thursday, 2 April 2020 20:21 WIB Gold futures gained ground Thursday, adding to an advance after another large jump in first-time jobless claims. Gold for June delivery on Comex rose $29, or 1.8%, to $1,620.40 an ounce, while May silver advanced 55.1 cents, or 3.9%, to $14.535 an...

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.