DJIA39760.81
LIVE0.60(0.00%)
NDX18240.73
LIVE-40.11(-0.22%)

Dollar slips against commodity currencies as Brent surges


Thursday, 23 April 2020 16:07 WIB

DOLLARCurrency Euro


The dollar slipped against the currencies of oil-producing states on Thursday, giving up earlier gains as a bounce in crude prices gave succour to markets shaken by the massive coronavirus-induced drop in demand.

As Brent crude surged on signs producers were cutting production to address collapsing demand for fuel, the greenback fell 1% against the Russian rouble to 75.19.

The euro slipped against the dollar after French business activity hit a record low, with the single currency losing 0.3% to fall below $1.08 for the first time in 2-1/2 weeks. It was last at 1.0785. The dollar was flat against a basket of currencies, lasting trading at 100.540.

Source : Reuters


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.