DJIA27110.98
LIVE829.16(3.15%)
NDX9824.39
LIVE194.73(2.02%)

Dollar Rebounds From 5-Month Low


Thursday, 2 January 2020 16:17 WIB

DOLLARCurrency Indeks Dolar Euro


c_740_198_16777215_00_images_assets_CURRENCY2_dlras.jpg

The dollar kicked off the year in Europe with a mild recovery from its lowest level since July, with risk assets starting the year in favor after President Donald Trump confirmed he will sign a preliminary trade deal with China on Jan. 15.

Trump's announcement removed much of the lingering uncertainty about the so-called 'phase-1' deal and also reinforced hopes that Trump's need for re-election will keep an economically damaging trade war with China relatively contained over the coming months.

By 3:50 AM ET (08:50 GMT), the dollar index, which tracks the greenback against a basket of currencies, was at 96.215, having traded as low as 96.02 over the new year. Despite the modest bounce, the dollar index has lost nearly 1% over the last week, chiefly against sterling and commodity currencies such as the Aussie and loonie. The euro was steady at $1.1210, having breached $1.1200 for the first time since August.

Source : Investing.com


RELATED NEWS

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.