Friday, 23 August 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Dollar sags on lower U.S. yields, Fed minutes in focus
Wednesday, 20 February 2019 08:29 WIB | CURRENCIES |DOLLAR Indeks Dolar YenDolarYen

The dollar sagged against its peers on Wednesday in the wake of falling U.S. yields and as investors remained cautious ahead of the Federal Reserve's policy meeting minutes due later in the session.

The U.S. currency has also been weighed down as safe-haven demand for the liquid dollar has ebbed on optimism that a fresh round of talks between China and the United States would help resolve their trade conflict.

The dollar index versus a basket of six major currencies was a touch lower at 96.495 after shedding about 0.4 percent overnight.

The dollar was steady at 110.61 yen, unable to remain near a high of 110.825 touched the previous day after Bank of Japan Governor Haruhiko Kuroda said the central bank was ready to ramp up stimulus if sharp yen rises hurt the economy.

The euro was unchanged at $1.1341 after advancing 0.25 percent on Tuesday, when it brushed a near two-week peak of $1.1358.

The pound was effectively flat at $1.3063 after rallying the previous day to a two-week high of $1.3073.

Source : Reuters

RELATED NEWS
Dollar Gains as Traders Trim Rate Hopes Before Powell Speech...
Friday, 23 August 2019 15:20 WIB

The dollar was broadly higher in early trading in Europe Friday in generally quiet trading ahead of a keenly-awaited speech by Federal Reserve Chairman Jerome Powell at 10 AM ET (14:00 GMT). At 3:30 ...

Dollar In Holding Pattern Ahead Of Fed Speech, Kiwi Jumps On RBNZ Comments...
Friday, 23 August 2019 08:46 WIB

The dollar held steady in Asia on Friday on expectations U.S. Federal Reserve Chairman Jerome Powell would stick with his message that the central bank has not entered a prolonged monetary easing cycl...

Dollar Slips, Euro Pushes Higher after PMI Data...
Thursday, 22 August 2019 15:16 WIB

The dollar slipped lower on Thursday as expectations for further Federal Reserve rate cuts waned, while the euro gained ground after Eurozone private sector data boosted hopes that the bloc's economy ...

Dollar Holds Gains After Fed Minutes Temper Rate Cut Expectations...
Thursday, 22 August 2019 09:08 WIB

The dollar held gains on Thursday after minutes from the Federal Reserve's last policy meeting hosed down some aggressive expectations the central bank would embark on a series of deep interest rate c...

Dollar Hovering Near 3-Week Highs ahead of Fed Minutes...
Wednesday, 21 August 2019 15:11 WIB

The U.S. dollar was hovering just below three-week highs in subdued trade on Wednesday as investors looked ahead to the minutes of the Federal Reserve's July meeting later in the day for fresh clues o...

LATEST NEWS
Powell: U.S. in 'favorable' place, Fed will 'act as appropriate'

The U.S. economy is in a "favorable place" and the Federal Reserve will "act as appropriate" to keep the current economic expansion on track, Fed chair Jerome Powell said on Friday in remarks that gave few clues about whether the central bank will...

Dow sheds 130 points at the open as China says its readying $75 billion counter-tariffs on U.S. goods

The Dow average on Friday headed lower at the open along with the rest of the major indexes after a report surfaced indicating that China was ready to take retaliatory measures in its lasting tariff conflict with the U.S. A report from the Chinese...

Gold prices head lower, set to snap weekly streak of gains ahead of Powell speech

Gold futures on Friday headed modestly lower ahead of much-awaited speech from Federal Reserve Chairman Jerome Powell near Jackson Hole, Wyo., which could provide some insights about health of the U.S. economy and the path of monetary policy ”...

POPULAR NEWS
Gold ends flat, then moves lower in electronic trade after Fed minutes
Thursday, 22 August 2019 01:24 WIB

Gold prices finished unchanged on Wednesday, after spending much of the session losing ground on the back of strength in benchmark U.S. stock...

Gold ends higher, recoups some recent losses as bond yields slide
Wednesday, 21 August 2019 01:55 WIB

Gold futures climbed on Tuesday, with a slide in U.S. Treasury yields helping the haven metal recoup more than a third of what it lost a day...

Gold posts lowest finish in nearly 2 weeks as bond yields climb
Friday, 23 August 2019 01:36 WIB

Gold futures declined on Thursday, pressured by strength in bond yields as the Fed™s symposium of central bankers got underway in Jackson Hole,...

Gold Holds Gain as Trump Says Not Ready to Make Deal
Wednesday, 21 August 2019 09:14 WIB

Gold held an advance as President Donald Trump showed no urgency to resolve the trade conflict with China, saying he wasn™t ready...