DJIA26086.34
LIVE11.04(0.04%)
NDX10602.21
LIVE-234.12(-2.16%)

Dollar Holds Gains as Coronavirus Woes Sap Confidence

Wednesday, 8 July 2020 08:32 WIB Euro Dolar AS SwissFranc Poundsterling Yen Jepang

The dollar held onto gains on Wednesday as a resurgence of the coronavirus in the United States and the return of lockdowns in some countries boosted safe-haven demand for the U.S. currency. Risk sentiment was also undermined after Federal Reserve officials expressed concern that rising coronavirus cases could harm economic growth just as stimulus measures start to expire. The dollar traded at 107.58 yen in Asia following a 0.3% gain on Tuesday. Against the euro, the dollar was quoted at $1.1274, also holding to a 0.3% gain from the previous session. The greenback bought 0.9426 Swiss franc, little changed on the day. Sterling changed hands at $1.2540 and was quoted at 89.88 pence per...

Read more...

RECENT NEWS

Oil prices fell on Tuesday amid concerns that a surge in new coronavirus cases, especially in the United States, will hamper any recovery in fuel demand. Brent crude futures declined by 24 cents, or 0.56%, to $42.86. West Texas Intermediate crude...

Gold futures marked their highest finish in nearly nine years, after climbing to nearly $1,810 an ounce during Tuesday's session. Prices had seen a "routine downside correction following recent gains" in early Tuesday action, that was "once again...

The U.S. dollar inched higher against a basket of currencies on Tuesday, holding above the near two-week low hit in the previous session, as investors turned uneasy over new coronavirus flare-ups and local lockdowns in some countries. The U.S....

Gold fell on Tuesday in the face of competition from safe haven inflows into the dollar as COVID-19 cases increased globally and investors booked profits following bullion's rally to a near eight-year peak. Spot gold fell 0.4% to $1,776.43 per...

Oil prices fell on Tuesday amid concerns that a surge in new coronavirus cases, especially in the United States, will hamper any recovery in fuel demand. Brent crude futures declined by 44 cents, or 1.02%, to $42.66, after hitting a high of...

Gold slipped Tuesday as the dollar advanced, but remains trapped in this month’s narrow trading range near its highest since 2012. While a slew of economic reports since last week added to risk-on sentiment, the resurgence in coronavirus...

Energy

Oil futures fell on Monday, with traders awaiting the outcome of an OPEC+ Joint Ministerial Monitoring Committee meeting later this week. Members of the Organization of the Petroleum Exporting

Precious Metals

Gold Futures Post Their First Gain in 3 Sessions
Tuesday, 14 July 2020 00:51 WIB
Gold futures climbed on Monday to score their first gain in three sessions, moving back toward the nearly nine-year high they reached on Wednesday. Investors eyed the rising number of cases in the

CURRENCIES

Dollar Falls as U.S. Earning Season Kicks Off
Monday, 13 July 2020 23:12 WIB
The U.S. dollar edged lower on Monday as investors looked to domestic corporate earnings and upcoming retail data to gauge whether guarded optimism on the country's economic outlook is

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.