Wednesday, 23 May 2018
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Dollar Stands Tall as Euro Plumbs 5-Month Low
Thursday, 17 May 2018 08:26 WIB | CURRENCIES |DOLLAR Indeks Dolar Euro

The dollar stood tall against a basket of currencies on Thursday, as the euro retreated to a five-month low on concerns the political developments in Italy could cause wider disruptions in the common currency bloc.

The euro was 0.05 percent higher at $1.1813 after sliding overnight to $1.1763, its lowest since Dec. 18.

The dollar index against a basket of six major currencies was a shade lower at 93.298 after rising on Wednesday to 93.632, its highest since Dec. 19.

The dollar was steady at 110.380 yen. A rise above 110.450 would take the greenback to its highest since Feb. 2 versus its Japanese peer. The Australian dollar was little changed at $0.7514 after gaining 0.6 percent overnight, buoyed by a rise in prices of commodities such as copper.

Source : Reuters

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