DJIA25742.65
LIVE267.63(1.05%)
NDX9657.31
LIVE58.42(0.61%)

Safe-haven currencies in demand amid US, Iran tension


Monday, 6 January 2020 16:10 WIB

DOLLARCurrency Yen Euro


c_740_198_16777215_00_images_assets_CURRENCY3_111111USD-EUR-GBP-JPY-Currency-Analysis--fx-trader-forex1.jpg

The yen and other safe-haven currencies were in demand on Monday, along with assets such as gold, as investors fretted that the killing of Iran's most prominent military commander by the United States could trigger a broader Middle East conflict.

U.S. President Donald Trump warned of a “major retaliation” if Iran hit back, while Iran's replacement commander vowed to expel the United States from the region.

The Japanese yen surged on Monday to a three-month high of 107.77 versus the U.S. dollar in Asian trading and was last up 0.2% on the day at 108 .

The dollar was treading water versus six major currencies and was slightly weaker against the euro, with euro/dollar last up 0.1% at $1.1167.

Source : Reuters


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.