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

Dollar shines as renewed US-China row sparks safe-haven flows


Tuesday, 5 May 2020 09:13 WIB

Indeks DolarDolar Australia,


The dollar handed back a sliver of recent gains to commodity currencies on Tuesday as oil prices bounced back, but hung on against the yuan as traders weighed optimism about a coronavirus recovery in China against fears about rising Sino-U.S. tensions.

The Australian and New Zealand dollars inched ahead, after recouping Monday's falls - putting the Aussie back over 64 cents at $0.6445 and the kiwi holding on at $0.6062.

Public holidays in Japan and China lightened trade, while caution on the global growth outlook and looming Australian and New Zealand central bank meetings capped further moves.

The yuan rose to 7.1190 per dollar in offshore trade, recovering from a six-week low of 7.1560 hit in the previous session, but well below the range where it spent last month.

The euro last sat at $1.0914, close to a week-low hit overnight. The pound was rangebound at $1.2461.

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.