DJIA25400.64
LIVE-147.63(-0.58%)
NDX9416.71
LIVE-25.34(-0.27%)

Safe-haven currencies give back gains as U.S.-Iran situation eases


Thursday, 9 January 2020 15:56 WIB

DOLLARCurrencySafe Haven Yen Euro


c_740_198_16777215_00_images_assets_CURRENCY_11YenBN-NY502_yenher_P_20160510041148.jpg

Safe-haven currencies such as the Japanese yen retreated on Thursday as the United States and Iran backed away from further conflict, with markets flipping back to a more risk-taking approach on hopes of a U.S.-China trade deal.

U.S. President Donald Trump responded overnight to an Iranian attack on U.S. forces with sanctions, not violence. Iran offered no immediate signal it would retaliate further to a Jan. 3 U.S. strike that killed one of its most senior military commanders.

It was last down 0.2% at 109.36, a 1-1/2-week low.

The dollar, also seen as a safe choice to park money in times of turmoil, fell against other major currencies.

The greenback was down 0.1% versus the euro as euro/dollar traded at $1.1115 and by the same magnitude versus the pound, last trading at $1.3112.

The euro was also rising against the Swiss franc, another safe-haven, by 0.2% to 1.0833.

Source : Reuters


RELATED NEWS

  • The euro continued to rise on Thursday, boosted by a 750 billion euro (673.70 billion pounds) EU plan to prop up the bloc’s coronavirus-hit economies, though gains were limited as doubts about deliver...

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.