DJIA26935.07
LIVE-159.72(-0.59%)
NDX7823.55
LIVE-78.24(-0.99%)

Dollar firms, Aussie weakens as fresh growth worries prop up safe havens


Friday, 8 February 2019 08:22 WIB

Indeks Dolar Yen Euro


c_740_198_16777215_00_images_assets_CURRENCY2_AUD-USD-Irrational-Numbers-Fundamental-Analysis-fx-trader-forex1.jpg

The dollar held near a two-week high on Friday, as investors rushed to the safety of the greenback following a setback in U.S.-China trade negotiations and broader worries about slowing global growth.

The dollar index, a gauge of its value versus six major peers was steady at 96.56, sitting just shy of its two-week high.

The euro was marginally lower at $1.1338, on track to post its fifth straight day of losses. The single currency has been stumbling due to weaker-than-expected growth data out of the eurozone and expectations that the European Central Bank will keep monetary policy accommodative this year.

The yen was flat in early Asian trade at 109.78. Analysts think Japanese demand for foreign bonds has supported dollar/yen. The greenback gained around 0.8 percent versus the yen over the last week.

Elsewhere, the Aussie dollar was down 0.5 percent at $0.7067 as the Reserve Bank of Australia cut its growth forecasts.

Source: Reuters


RELATED NEWS

  • The yen rose from a seven week low against the U.S. dollar on Thursday after the Bank of Japan kept monetary policy on hold, in the wake of the Federal Reserve’s overnight decision to cut rates. The ...

POPULAR NEWS

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.