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

Euro, riskier currencies buoyed as investor sentiment improves


Tuesday, 26 May 2020 15:22 WIB

DOLLARCurrency Euro


The euro got a boost on Tuesday from a weaker dollar as growing optimism about a global recovery from the COVID-19 pandemic supported riskier currencies.

The moves, however, lacked the exuberance of the equities market as Sino-U.S. tensions kept the mood in check.

The euro was last up 0.4% at $1.0935, while the dollar was down by 0.2% against a basket of currencies at 99.50.

The mood among German exporters recovered somewhat in May after a "catastrophic" April, the first full month of coronavirus lockdown measures in Europe's largest economy, the Ifo institute said on Tuesday.

Japan ended its state of emergency on Monday, while Britain said it will reopen thousands of shops, department stores and shopping centres next month. Versus the Japanese yen, the dollar rose 0.2% to 107.89. 

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.