DJIA26286.83
LIVE459.47(1.78%)
NDX10604.06
LIVE262.17(2.54%)

Dollar holds firm as FX markets struggle with mixed signals on trade


Thursday, 26 September 2019 15:29 WIB

DOLLARCurrency YenSterling,


c_740_198_16777215_00_images_assets_CURRENCY2_Dolar-AS-Menguat-Kembali-terhadap-Rupiah.jpg

The dollar edged lower but held close to its recent highs on Thursday as investors struggled to make sense of U.S. President Donald Trump's mixed signals on a trade deal with China.

Foreign exchange markets were quiet at the European open, with currency pairs little moved but the dollar’s resilience this week was a sign of investor nervousness about the global outlook.

The dollar index, which measures the greenback against a basket of currencies, was last down 0.1% at 98.985 but was only a whisker away from a two-week high and the two-year peak of 99.37 hit earlier this month.

But by 07:30 GMT, the Aussie was up only slightly on the day at $0.6753, while the yuan was up 0.1% at 7.1241 per dollar in the offshore market.

The euro rose 0.1% to $1.0947. The Japanese yen, perceived as a safe haven currency, rose 0.1% to 107.68 yen per dollar.

Sterling steadied at $1.2354 after plunging more than 1% on Wednesday as traders fretted about the deepening confrontation in the British parliament over Brexit.

Source : Reuters


RELATED NEWS

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.