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Dollar Eases, on Track for Smallest Return in Six Years


Tuesday, 31 December 2019 09:17 WIB

DOLLAR Indeks DolarDolar AS


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The dollar dipped to a near three-week low against the yen in thin year-end volume on Tuesday as investors favoured riskier assets, led by renewed optimism about global growth.

The greenback was off 0.1% at 108.77 against the Japanese yen, on track for its third straight session of losses and within a whisker of Monday's 108.74, the weakest since Dec. 12.

The dollar index, which measures the currency against a basket of rivals, was flat at 96.728 in early Asian trade.

On Friday, the index had suffered its biggest one-day fall since March, which left its gains for the year at under 0.6%, compared with returns of 4.4% in 2018. It is now on track for the smallest rise since 2013.

Source : Reuters


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