Monday, 20 August 2018
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Euro Extends Decline as Turkey Concerns Spread
Friday, 10 August 2018 23:38 WIB | CURRENCIES | Euro

The euro extended its decline, falling to the weakest level in more than a year after U.S. President Donald Trump said he planned to double tariffs on Turkey's steel and aluminum imports amid escalating tension between the two nations.

EUR/USD dropped as much as 1.2% to 1.1395, the lowest level since July 2017, as pressure on Turkish lira spread to other EM currencies including the South African rand.

EUR/CHF fell as much as 1% to 1.1343, the lowest level in almost a year.

Bloomberg Dollar Spot Index gained as much as 0.7%, but remained shy of its year-to-date high set June 21; the greenback was higher against most of its G-10 peers, though the yen held modest gains on the the flight to safety.

USD/JPY fell as much as 0.5% to 110..

EUR/JPY down 1.5% with pair trading at lowest level since late-May.

Source: Bloomberg

RELATED NEWS
Dollar Slides, Headed For First Weekly Loss in a Month...
Friday, 17 August 2018 21:26 WIB

Dolar AS tampak lesu pada hari Jumat, meluncur melawan serangkaian saingan utamanya tetapi rally terhadap beberapa pasar yang muncul di tengah kekhawatiran atas sanksi lebih lanjut terhadap Turki. In...

Pound Heads for Longest Losing Streak Since 2015...
Friday, 17 August 2018 14:41 WIB

Pound menuju penurunan mingguan keenam karena kekhawatiran atas berlanjutnya ketidaksepakatan Brexit membebani pengetatan kebijakan Bank of England, dengan penurunan terbaru membiarkan mata uang mengh...

Dollar subdued as confidence returns, focus on U.S.-China trade talks...
Friday, 17 August 2018 08:42 WIB

Dolar sedikit berubah terhadap mata uang utama lainnya pada hari Jumat setelah menyimpang jauh dari level tertinggi 13-1/2 bulan di tengah berkurangnya penghindaran resiko dan seiring para investor me...

Dollar eases, yuan gains on U.S.-China trade talks...
Thursday, 16 August 2018 23:46 WIB

Dolar AS turun dari level tertinggi 13 1/2 bulan pada Kamis ini, sementara yuan Cina pulih dari level terlemahnya sejak Januari 2017 terkait berita China dan Amerika Serikat akan mengadakan putaran ba...

USD/JPY struggles to build on intraday rebound, remains capped below 111.00 handle...
Thursday, 16 August 2018 14:14 WIB

Pasangan USD/JPY berjuang untuk melanjutkan rebound intraday dan sekarang terlihat berosilasi dalam kisaran perdagangan sempit, di bawah 111,00. Pasangan ini sekali lagi berhasil menemukan support ya...

LATEST NEWS
Dollar Slides, Headed For First Weekly Loss in a Month

The U.S. dollar looked listless on Friday, sliding against a handful of its major rivals but rallying against some emerging markets amid worries over further sanctions on Turkey. The ICE U.S. Dollar Index which measures the greenback against six...

Consumer Sentiment in U.S. Declines to Lowest in Almost a Year

U.S. consumer sentiment unexpectedly fell to the lowest level in almost a year amid less favorable views on purchasing big-ticket items and persistent concerns about trade tensions, a University of Michigan report showed Friday.  Sentiment...

U.S. Stocks Flat to Slightly Lower After Weak Earnings, Turkey Turmoil

U.S. stocks opened flat to slightly lower Friday, dinged after a round of disappointing corporate earnings and renewed pressure on Turkey's lira. The S&P 500 fell 0.1% to 2,837.54, while the Dow industrials were up 9 points, or less than 0.1%,...

POPULAR NEWS
Gold Trims Weekly Drop as Markets Steady After Storm
Friday, 17 August 2018 16:51 WIB

Gold rises with other precious metals as easing global trade tensions hurt dollar and support minor revival in risk...

Gold inches up, but set for biggest weekly fall in 15 months
Friday, 17 August 2018 08:56 WIB

Gold prices edged higher in early trade on Friday as dollar held steady, but the metal remained on track to post its biggest weekly decline since...

Oil Set for Longest Weekly Losing Streak Since 2015 on Turkey
Friday, 17 August 2018 08:22 WIB

Oil headed for the longest run of weekly losses in three years as an economic crisis in Turkey deepened and after a surprise gain in U.S. crude...

U.S. stocks on track to catch their breath after prior day's strong rally
Friday, 17 August 2018 16:41 WIB

U.S. stock futures were making small moves early Friday, suggesting the equity market could take a breather after the Dow industrials jumped by 396...