DJIA39807.37
LIVE0(0.00%)
NDX18254.69
LIVE0(0.00%)

Dollar Close to 1-Month High; Forint Steady Near All-Time Low


Friday, 30 August 2019 15:32 WIB

DOLLAR Indeks DolarDolar AS


The dollar rose to its highest level in nearly a month in early trading on Friday, enjoying continued support from tentative signs of rapprochement in the trade war with China ahead of the long Labor Day weekend.

The dollar made some of its strongest gains against the safe haven Swiss franc, which has also lost ground against the euro this week amid continued suggestions that the Swiss National Bank is quietly intervening to counteract the effect of safe haven inflows into the franc from investors spooked by the trade war.

At 4 AM ET (08:00 GMT), the dollar index, which tracks the greenback against a basket of developed market currencies, was at 98.528, up around 0.1% from late Thursday and just off a four-week high of 98.55. Against the euro, it was up 0.2% at $1.1037.

And in emerging markets, the Hungarian forint recovered a touch after hitting a new all-time low on Thursday as the country’s central bank left open the possibility of a first interest rate cut since 2016. By 4 AM, the euro was at 331.30 forint, down from as high as 331.52 on Thursday.

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.