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Dollar Edges Higher; Loonie Downside Risk as BoC Meets

Wednesday, 22 January 2020 16:30 WIB DOLLAR

The U.S. dollar edged higher Wednesday as traders took a calmer view of the emergence of the pneumonia-like virus in China, but its gains were minimal and caution was still abundant. At 04:10 ET (09:10 GMT), the US Dollar Index Futures, which tracks the greenback against a basket of other currencies, was up 0.1% at 97.42. The yen dropped 0.1% against the dollar, with USD/JPY trading at 109.97. EUR/USD traded 0.1% at 1.1079 and GBP/USD at 1.3043, down 0.1%. As of early Wednesday, Chinese authorities confirmed that at least nine people, all in Wuhan, have died after contracting the virus and a total of 15 medical personnel have been infected. Source : Investing.com

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