Dollar dips as virus worries persist despite some signs of hope
Tuesday, 7 April 2020 13:03 WIB | CURRENCIES | YenCurrencyDOLLAR

The dollar fell against the yen on Tuesday as U.S. stock futures erased gains and traded lower in a sign some investors remain concerned about the economic shock posed by the coronavirus pandemic.

The pound clawed back some recent losses against the dollar, but sentiment for sterling remains fragile after British Prime Minister Boris Johnson was moved to intensive care after his coronavirus symptoms worsened.

The yen was supported against major currencies after Japanese Prime Minister Shinzo Abe unveiled fiscal stimulus worth almost $1 trillion to offset the economic impact of the coronavirus.

The dollar fell 0.32% to 108.89 yen in Asia on Tuesday. Against the euro, the dollar eased slightly to $1.0805.

Against the save-haven Swiss franc, the greenback held steady near a two-week high of 0.9796.

Source : Reuters

RELATED NEWS

Dollar Strengthens; Euro Falls Ahead of ECB Meeting
Thursday, 4 June 2020 15:16 WIB

The dollar strengthened on Thursday, reversing its weakening trend of the past seven days, while the euro slipped ahead of a European Central Bank meeting at which policymakers could step up stimulus measures. The ECB is expected to increase the size of its 750 billion euro ($840 billion) Pandemic ...

Euro Near Multi-Month High as Markets Bet on ECB Stimulus Boost
Thursday, 4 June 2020 08:30 WIB

The euro held near multi-month highs against rival majors Thursday on expectations the European Central Bank will expand its bond buying programme later in the day to shore up the coronavirus-stricken economy. The euro's strength helped to push the dollar's index against a basket of key currencies ...

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...

ANOTHER NEWS
Oil rises slightly as traders await clarity on output cuts
Friday, 5 June 2020 01:47 WIB Oil prices were little changed on Thursday as investors awaited a decision from top crude producers on whether to extend record output cuts. The Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, a group known as...

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.