DJIA27076.82
LIVE-142.70(-0.52%)
NDX7852.41
LIVE-40.55(-0.51%)

Early PMIs Lift Euro After Balanced Fed Minutes


Thursday, 21 February 2019 16:27 WIB

Indeks Dolar Euro


c_740_198_16777215_00_images_assets_CURRENCY2_0euro-1024-6.jpg

The euro turned higher against the dollar in early trading in Europe Thursday, as purchasing manager indices from France and Germany signalled that the euro-zone economy may be bottoming out after its slowdown at the end of 2018.

At 03:30 AM ET (08.30 GMT), the eurowas at $1.1354, just below a two-week high against the dollar, after PMI readings that outstripped expectations - even though Germany's manufacturing sector appeared to contract in February.

The dollar index that measures the greenback against a basket of major currencies was at 96.297, close to a two-week low. That's despite a broadly balanced set of minutes from the Federal Reserve’s last policy meeting that indicated that interest rates could still rise later in the year if the current uncertainty over the economy clears.

Source: Investing.com


RELATED NEWS

  • The pound fell nearly half a percent on Monday as concern revived that Britain will struggle to secure a deal on the terms of its departure from the European Union. The pound fell to a three-year low...
  • The dollar extended losses in early trading in Europe Friday, as higher-yielding currencies advanced on hopes of at least a temporary truce to the U.S.-China trade war. President Donald Trump downpla...

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.