Tuesday, 20 August 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Euro edges up ahead of Trump-Juncker talks
Wednesday, 25 July 2018 15:14 WIB | CURRENCIES |DOLLAR Yen EuroDolar ASAussie

The euro edged higher on Wednesday ahead of a meeting between U.S. President Donald Trump and European Commission President Jean-Claude Juncker but gains were limited with investors cautious about a trade rift between the two powers.

Lack of clarity over where a brewing trade spat between the U.S. and Europe is heading kept most major currencies, including the U.S. dollar, range-bound on Wednesday as Juncker traveled to Washington for trade-focused talks with Trump.

The talks come after the U.S. imposed tariffs on European Union steel and aluminum and Trump™s threats to extend those measures to EU-made cars.

The single currency was up 0.1 percent at $1.1694. The dollar versus a basket of major currencies  traded broadly flat at 95.55.

Investors were also eyeing a European Central Bank (ECB) policy meeting on Thursday for direction.

Against the yen, the dollar was 0.1 percent higher at 111.32 yen per dollar.

The Australian dollar slumped after data on Wednesday showed inflation remained stubbornly low last quarter despite fairly robust economic growth. It traded 0.2 percent lower at $0.7407.

Source: Reuters

RELATED NEWS
Euro Tests Lows Ahead of Expected No-Confidence Vote in Italy...
Tuesday, 20 August 2019 15:22 WIB

The dollar was little changed in early trading in Europe Wednesday but starting to build momentum against the euro at the start of a day where politics is likely to dominate economics. The euro was a...

AUD/USD Clings to 0.6760/65 After RBA Minutes...
Tuesday, 20 August 2019 09:15 WIB

The AUD/USD pair remains modestly changed at 0.6765 after the Reserve Bank of Australia (RBA) released minutes of its August 07 meeting on early Tuesday. Although the Aussie central bank left its mon...

Dollar Near Three-Week High as Thaw In Risk Aversion Lifts Yields...
Tuesday, 20 August 2019 08:02 WIB

The dollar held near a three-week high on Tuesday, as expectations global economies would unleash fresh stimulus and an improvement in appetite for riskier assets lifted yields on U.S. government bond...

Euro gains after biggest weekly drop in 6 weeks as risk appetite returns...
Monday, 19 August 2019 15:13 WIB

The euro steadied on Monday after suffering its biggest weekly drop in nearly two months as risk appetite gradually returned to global markets after a week of turmoil. With hopes of fiscal stimulus f...

US Dollar Index flat around 98.20, focus on trade, Jackson Hole...
Monday, 19 August 2019 13:08 WIB

The Greenback, in terms of the US Dollar Index (DXY), is alternating gains with losses within a narrow range at the beginning of the week around the 98.20 region. The upside momentum in the index is ...

LATEST NEWS
U.S. stocks skid lower at the open as government bond yields stumble

U.S. stock indexes on Tuesday opened lower as investors appeared to await guidance from the Federal Reserve on monetary policy--a key catalysts for a market that has been beset by worries about an impending economic recession. The Dow Jones...

Gold prices edge higher as bond yields slide

Gold futures edged slightly higher Tuesday, gaining some ground a day after a rally in stocks helped to prompt some selling in bullion. Gold for December delivery rose $1.80, or 0.1%, to $1,513.40 an ounce, after the commodity gave up 0.8%, while...

Oil price rally takes a breather after Monday's big gains

Oil futures retreated on Tuesday, with crude prices pausing after a sharp run-up in the previous session that had been partly fueled by reports that Yemen's Houthi rebels launched a drone attack over the weekend on one of Saudi Arabia's largest oil...

POPULAR NEWS
Gold ends lower as stock-market rebound dulls haven shine
Tuesday, 20 August 2019 02:20 WIB

Gold futures lost ground Monday, ending lower as renewed optimism on the trade front and talk of stimulus by global policy makers dulls investor...

Gold Drops 2nd Day on Rising Stocks, Trade Comments
Monday, 19 August 2019 09:39 WIB

Gold declined for a second day as investors favored riskier assets and weighed President Donald Trump™s comments on trade talks with...

Hong Kong stocks end with big gains (Review)
Tuesday, 20 August 2019 03:55 WIB

Hong Kong shares jumped more than two percent Monday following a healthy lead from Wall Street with investors cheered by positive comments on trade...

Gold prices dip as equities gain, dollar strengthens
Monday, 19 August 2019 15:42 WIB

Gold prices slipped on Monday due to a stronger U.S. dollar and a recovery in equities, as hints of more stimulus from major central banks around...