DJIA25827.36
LIVE92.39(0.36%)
NDX10341.89
LIVE0(0.00%)

Yen rises, yuan falls after Trump signs Hong Kong protest bill


Thursday, 28 November 2019 08:11 WIB

Currency Yen YuanSwissFranc


c_740_198_16777215_00_images_assets_CURRENCY2_newyens.jpg

The safe-haven yen rose against the dollar after U.S. President Donald Trump signed into law legislation supporting anti-government protesters in Hong Kong, which could complicate efforts to end the U.S.-China trade war.

The yuan fell in offshore trade as scrutiny of Hong Kong's response to months of often violent protest against Chinese rule of the former British colony potentially opens up a new fault line in already fractious relations between Washington and Beijing.

The Swiss franc and gold also rose on Thursday as investors sought safe-haven assets due to concern about a potential increase in geopolitical risk.

The yen rose around 0.2% to 109.35 versus the dollar on Thursday in Asia, rebounding from a six-month low reached Wednesday after U.S. economic growth was revised up in the third quarter.

Source : Reuters


RELATED NEWS

  • The U.S. dollar slipped to a one-week low against its rivals on Thursday as upbeat U.S. and European economic data sharpened risk appetite, with hopes for a COVID-19 vaccine breakthrough also helping ...

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.