Dollar hits 2-month high after US growth data

Saturday, 27 July 2019 00:04 WIB

DOLLAR Indeks Dolar


The dollar climbed to two-month peaks on Friday and was on pace for a second straight weekly gain after data showed the world's largest economy slowed at a less-than-expected pace in the second quarter.

The dollar's rise was also helped by widening yield differentials between U.S. and German debt. Spreads were holding at two-month highs at 249 basis points. Investors were disappointed by a lack of policy action from the European Central Bank at a meeting on Thursday.

In midmorning trading, the dollar index was up 0.23% at 98.904, after earlier hitting its highest level since late May.

The dollar index hit its high of session, right after NEC director Larry Kudlow told CNBC there would be no dollar intervention.

In other currencies, the euro was down 0.2% at $1.1127, recovering from a two-month low of $1.1102 after the ECB decision on Thursday.

Source : Reuters


  • The dollar paused on Friday as concerns about a surge in coronavirus infections in the United States and elsewhere supported the safe haven Japanese yen, while risk-sensitive currencies lost ground. ...



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.