Friday, 24 May 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
USD/JPY: Risk-off takes a hold but bulls defend 111 handle
Wednesday, 10 April 2019 07:55 WIB | CURRENCIES |Dolar YenDolar ASUSD/JPY,

Overnight, risk mood was soured boosting the yen (best performer on the day) and safe haven assets with USD/JPY falling from 111.40 to 110.98. While Chinese stocks did well yesterday, sentiment flipped in European trade as concerns over growth came back to the fore.

The IMF cut its forecast for 2019 global growth from 3.5% to 3.3%, which would be the lowest growth rate since 2009 due to ongoing angst surrounding the state of play in Brexit developments and trade wars. While there has been some positive progress, by the sounds of things at least, between Beijing and the US, attentions have flipped to EU/US tensions.

The US conjured up a plan in retaliation to impose tariffs on European imports. US Pres. Trump tweeted that the EU œhas taken advantage of the US on trade for many years. It will soon stop! The EU said it™s preparing its own retaliatory tariffs against the US over subsidies to Boeing. Subsequently, US stocks were under pressure, sliding from overbought technical levels. US Treasury yields also fell, with the ten-year yield falling from 2.52% to 2.48% and the 2yr yield from 2.36% to 2.33% - (The chances of a Fed rate cut by December, implied by Fed fund futures, climbed from 60% to 70%). As for data, "US job openings fell a hefty 538k in February to 7.087mn, their biggest decline since 2015.

Source : FXstreet

RELATED NEWS
Pound Set to Break Record Losing Streak vs Euro; May Statement Eyed...
Friday, 24 May 2019 16:14 WIB

Pound Inggris berada di jalur untuk mengambil rekor penurunan beruntun terhadap euro pada hari Jumat karena Perdana Menteri Inggris Theresa May tampaknya akan mengumumkan tanggal keberangkatannya sete...

Dollar steady after coming off two-year high, pressured by lower U.S. yields...
Friday, 24 May 2019 09:12 WIB

Dolar bertahan stabil pada Jumat ini, setelah turun dari level tertinggi dua tahun pada imbal hasil AS yang lebih rendah di sesi sebelumnya ditengah kekhawatiran bahwa perang perdagangan dengan China ...

U.S. Dollar Sustains Highs on Strong Labor Data, Fed Minutes...
Thursday, 23 May 2019 23:29 WIB

Dolar AS mendekati level tertinggi 1 bulan pada Kamis seiring penurunan tak terduga dalam jumlah orang yang mengajukan untuk bantuan pengangguran pekan lalu membantu mempertahankan momentum. Indeks d...

Pound Slides as May Is Pushed Toward the Exit...
Thursday, 23 May 2019 15:22 WIB

Dolar menguat di seluruh perdagangan awal di Eropa Rabu, karena keluarnya Perdana Menteri Inggris Theresa May yang diperkirakan segera terjadi karena ketidakjelasan Brexit menekan pound dan membuat ke...

US Dollar Index advances to weekly highs near 98.20...
Thursday, 23 May 2019 12:59 WIB

Greenback, dalam hal Indeks Dolar AS (DXY), memperpanjang pergerakan ke atas di atas penghalang 98,00, meraih pada saat yang sama tertinggi baru mingguan. Indeks Dolar AS fokus pada pembicara Fed, da...

LATEST NEWS
Dow Rises 150 Points at Start of Friday But Poised for 5th Weekly Loss in a Row

U.S. stocks opened higher on Friday, capping a mostly downbeat week for equities, weighed by U.S.-China trade tensions, which put the three main indexes on track to post consecutive weekly losses heading into the Memorial Day holiday. The Dow...

Gold on Track For Weekly Win After Reasserting Haven Role

Gold futures edged lower Friday but were on track for a weekly win after seeing renewed haven demand as trade-war worries rose. Gold for June delivery on Comex fell $2.40, or 0.2%, to $1,283 an ounce, while July silver was off 6.8 cents, or 0.5%,...

Durable-Goods Orders Slump 2.1% in April And Business Investment Almost Dries Up

Orders for durable or long-lasting goods fell sharply in April, mostly because of falling demand for Boeing jets and new cars and trucks. Business investment also continued to weaken, reflecting worries about the China trade fight and a slower U.S....

POPULAR NEWS
Gold Ends Modestly Higher, Edges Up Further in Electronic Trade after Fed Minutes
Thursday, 23 May 2019 01:18 WIB

Gold prices posted a modest gain on Wednesday, recouping a portion of the loss from a day earlier as U.S. benchmark stock indexes moved...

Gold Ends at Nearly 3-Week Low as Dollar, Stocks Perk Up
Wednesday, 22 May 2019 01:36 WIB

Gold futures ended lower Tuesday as global stocks staged a rebound and the dollar strengthened a bit, dulling bullion's appeal and sending prices to...

Gold futures settle at their highest in a week
Friday, 24 May 2019 01:22 WIB

Gold futures climbed Thursday to mark their highest settlement in a week, buoyed by losses in global stock markets and expectations that the U.S....

Gold Rebounds as Persistent Trade Rift Sinks Equities
Wednesday, 22 May 2019 21:19 WIB

Gold futures rebounded from a two-week low, underpinned by weaker equities and a wavering dollar. Copper prices declined. Gold futures for...