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Dollar Gains Versus Yen, Swiss Franc; Sterling Weakens

Tuesday, 31 March 2020 15:13 WIB Yen Euro Dolar AS SwissFranc Poundsterling

The dollar traded marginally higher Tuesday, helped by gains against the more defensive currencies, the Japanese yen and the Swiss franc, on the last trading day of the month. At 3:05 AM ET (0705 GMT), the U.S. Dollar Index, which tracks the greenback against a basket of six other currencies, stood at 99.597, up 0.3%. USD/JPY gained 0.6% to 108.50, USD/CHF rose 0.5% to 0.9629, while EUR/USD fell 0.4% to 1.1005. That said, the yen and the Swiss franc are often seen as safe havens during troubled times, and the better-than-expected China manufacturing PMI data will have given traders hope that some economic stabilisation may be possible going forward. Additionally, GBP/USD dropped 1% to...

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Gold Prices Down as Asian Markets Report Gains

Tuesday, 31 March 2020 09:41 WIB GOLD

Gold prices in Asia were down on Tuesday morning as stock markets gained. Prices of the yellow metal reached $1,645.3 overnight as investors reacted to the United States’ extension of COVID-19 restrictions to April 30 by seeking safe havens. But...

Oil recovered some ground on Tuesday as U.S. President Donald Trump and Russian President Vladimir Putin agreed to discuss stabilizing energy markets, but prices remain near 18-year lows as the coronavirus shutdown destroys demand. Brent crude was...

The dollar rose against the yen on Tuesday as Japanese investors and companies rushed to cover a shortage of the U.S. currency before their fiscal year end, but sentiment remained fragile as the global coronavirus crisis showed no signs of...

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Energy

Oil recovered some ground on Tuesday as U.S. President Donald Trump and Russian President Vladimir Putin agreed to discuss stabilizing energy markets, but prices remain near 18-year lows as the

Precious Metals

Gold Prices Down as Asian Markets Report Gains
Tuesday, 31 March 2020 09:41 WIB
Gold prices in Asia were down on Tuesday morning as stock markets gained. Prices of the yellow metal reached $1,645.3 overnight as investors reacted to the United States’ extension of COVID-19

CURRENCIES

The dollar traded marginally higher Tuesday, helped by gains against the more defensive currencies, the Japanese yen and the Swiss franc, on the last trading day of the month. At 3:05 AM ET (0705

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