DJIA26587.90
LIVE501.56(1.92%)
NDX10636.31
LIVE34.10(0.32%)

Dollar Edges Up, Euro Slips; U.S. Economic Data in Focus

Wednesday, 1 July 2020 18:30 WIB DOLLAR Euro Dolar AS

Improved European economic data boosted risk appetite on Wednesday, while the euro slipped and the dollar index rose slightly as markets balanced hopes for a global economic recovery with surging COVID-19 infections in the United States. With transmission rates of the coronavirus falling in much of Europe, and economies opening up, IHS Markit's final euro zone Manufacturing Purchasing Managers' Index (PMI) moved closer to the 50-mark separating growth from contraction in June. Germany's manufacturing sector also contracted at a slower pace as Europe's largest economy lifted restrictions. The euro fell 0.2% versus the dollar to $1.12105 at 10:18 GMT, as currency markets moved sideways...

Read more...

RECENT NEWS

Gold is continuing to rise after setting its best quarter in four years due to coronavirus concerns and negative real interest rates. Spot gold is up 0.5% at $1,788.75 a troy ounce, while futures are up 0.3% at $1,805.80 an ounce. Investors are...

Currency traders were broadly cautious in early London trading on Wednesday, with the Japanese yen seeing its first session of gains in more than a week, before key European and U.S. economic data. The dollar rose overnight before erasing gains,...

The dollar held steady against the euro on Wednesday ahead of data expected to show U.S. manufacturing activity and hiring continued to recover from the economic shock caused by the coronavirus pandemic. The euro was hemmed into a narrow range as...

Oil rose after its best quarter in almost three decades following a report pointing to the first drop in U.S. crude stockpiles since May. Futures in New York climbed toward $40 a barrel after closing down 1.1% on Tuesday. The industry-funded...

Gold prices edged higher on Wednesday, hovering near an eight-year high, as a spike in COVID-19 infections in the United States assuaged hopes of a swift economic rebound, pushing investors towards the safety of bullion. Spot gold edged up 0.1% at...

The dollar held onto gains against the yen on Wednesday ahead of data expected to show U.S. manufacturing activity and hiring continued to recover from the economic shock caused by the coronavirus pandemic. The euro was hemmed into a narrow range...

Energy

Oil rises slightly ahead of OPEC+ meeting
Wednesday, 15 July 2020 02:09 WIB
Oil prices rose slightly on Tuesday as OPEC and its allies cut production by more than agreed to in June, although demand concerns lingered due to increased cases of COVID-19 in the United

Precious Metals

Gold Futures Settle with a Modest Loss
Wednesday, 15 July 2020 01:01 WIB
Gold futures posted a modest loss on Tuesday, holding ground above the key $1,800 an ounce mark. Gold "definitely saw some profit taking but it is more wait and see" ahead of the next big catalyst

CURRENCIES

Dollar Falls on Rising Euro, Higher U.S. Stocks
Tuesday, 14 July 2020 23:31 WIB
The dollar fell in North American trade on Tuesday as the euro rose on optimism about the possibility of a European Union stimulus package and as U.S. stocks gained. The U.S. dollar index, which

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.