DJIA39807.37
LIVE47.29(0.12%)
NDX18254.69
LIVE-26.15(-0.14%)

Dollar Steady; Australian Dollar Rises on Strong Chinese Data


Monday, 15 July 2019 15:17 WIB

DOLLAR Indeks DolarAussieDolar


The U.S. dollar was little changed on Monday as expectations for a Federal Reserve rate cut continued to weigh.

The U.S. dollar index that tracks the greenback was little changed at 96.472 by 1:08 AM ET (05:08 GMT).

Fed Chair Jerome Powell and Chicago Fed President Charles Evans both made comments last week indicating that rate cuts are needed in order to boost inflation.

Markets have priced in a 25 basis-point rate cut at the end of July, and there is a roughly 20% chance of a 50 basis point cut.

Investors will be looking to U.S. retail sales figures due Tuesday and company earnings for signs of how shoppers and businesses are weathering the slowdown.

Meanwhile, the Australian dollar rose 0.2% following some better-than-expected Chinese data.

Source : Investing.com


RELATED NEWS

  • The dollar was slightly offered, heading for a second day of losses amid very thin flows as traders took to the sidelines ahead of a slew of policy-rate decisions due this week. The Bloomberg Dollar ...

POPULAR NEWS

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.