Monday, 19 August 2019
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Dollar Edges Back as Hopes for Trade Deal Rise
Monday, 18 February 2019 17:05 WIB | CURRENCIES |DOLLAR Yen

Foreign exchange markets got off to a slow start Monday, with markets set to remain subdued due to a sparse data calendar in Europe and public holidays in North America.

At 03:00 AM ET (0800 GMT), the dollar index was at 96.71, down nearly 0.5% from the new high for 2019 that it hit last week. It was supported by the buck rising against the yen, as the world™s cheapest funding currency suffered most from the return of animal spirits. The USD/JPY pair rose to 110.61.

Source: Investing.com

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