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Dollar finds footing as new trade worries boost safe-haven bid


Wednesday, 20 March 2019 10:38 WIB

DOLLAR Indeks Dolar


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The dollar rose against most of its peers on Wednesday as reports of renewed tension in U.S.-China trade negotiations supported safe-haven bids, although the Federal Reserve's policy meeting later due in the day limited the greenback's gains.

Against a basket of key rival currencies, the dollar was almost 0.1 percent higher at 96.454 as it managed to find its footing after hitting its lowest level since March 1 at 96.291 in overnight trading.

The index is still down 1.3 percent from a three-month high of 97.71 hit on March 7, on views the Fed will strike a dovish tone during its latest policy meeting.

Source : Reuters


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