DJIA26833.95
LIVE45.85(0.17%)
NDX7889.47
LIVE14.85(0.19%)

Dollar gives up post Fed gains, sterling hits two-month high


Friday, 20 September 2019 15:18 WIB

Dolar EuroAussiepound


c_740_198_16777215_00_images_assets_CURRENCY3_0gbpusd.jpg

The dollar drifted lower on Friday after central banks in Switzerland and the UK refrained from following the Federal Reserve in cutting rates, and risk appetites ebbed on caution about U.S-China trade talks.

Sterling hit a two-month high of $1.2566 against the greenback, after European Commission President Jean-Claude Juncker said he thought Brussels could reach a deal with Britain to leave the European Union.

The Swiss National Bank, the Bank of England and the Bank of Japan all left their policies unchanged on Thursday. Their currencies rose, with the Japanese yen and Swiss franc both adding almost 0.2%, supported by safe-haven buying.

On Friday, the Aussie edged higher to around $0.6799, which is close to its lowest since Sept. 4, while the New Zealand dollar hit $0.6285, its weakest since Sept. 3.

The Australian and New Zealand dollars were on track for their steepest weekly slides in close to a month, as each has given up more than 1%.

The dollar gave ground to the yen, buying 107.85, and to the Swiss franc at 0.9910 per dollar. Against a basket of currencies, the dollar edged lower to 92.223.

Source: CNBC


RELATED NEWS

  • The British pound was holding steady on Wednesday, recovering some poise in the wake of a fall overnight after parliament forced a delay in the U.K. government's Brexit plans. Sterling slipped as low...

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.