Thursday, 22 August 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
U.S. Dollar Sustains Highs on Strong Labor Data, Fed Minutes
Thursday, 23 May 2019 23:29 WIB | CURRENCIES |DOLLARSecurity Indeks Dolar

The U.S. dollar was near a one-month high on Thursday as an unexpected decline in the number of people filing for unemployment assistance last week helped it maintain momentum.

The U.S. dollar index, which measures the greenback's strength against a basket of six major currencies, was up 0.1% to 97.972.

Data on Thursday showed that the labor market is gaining strength, even as the economy slows. Initial claims for unemployment benefits fell for the third-straight week to a seasonally adjusted 211,000, the Labor Department said.

The U.S. dollar was also pushed higher by minutes from the Federal Reserve's last meeting, which underscored the central bank™s stance on pausing interest rate hikes.

The greenback was down against the safe-haven Japanese yen, with USD/JPY falling 0.5% to 109.73. EUR/USD slipped 0.1% to 1.1142 and USD/CAD rose 0.5% to 1.3488.

Source : Investing.com

RELATED NEWS
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...

Dollar Nudged Off Three-Week Peak as U.S. Yields Dip Before Jackson Hole Meet...
Wednesday, 21 August 2019 08:47 WIB

The dollar was on the defensive on Wednesday, elbowed off a three-week peak by a reversal in U.S. yields as they headed south again ahead of a meeting of central bankers, at which the Federal Reserve ...

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...

LATEST NEWS
Dow drifts more than 100 points higher at the open as Jackson Hole gathering gets under way

U.S. stocks climbed modestly higher on Thursday morning as investors watched an annual conference in Jackson Hole, Wyo., where central bank leaders will discuss global monetary policy and economic health. The Dow Jones Industrial Average rose 110...

Gold sinks as bond yields climb

Gold futures headed lower Thursday as bond yields edged up, dimming some of the luster from the precious metal, with the Federal Reserve's annual symposium of central bankers getting underway in Jackson Hole, Wyo. December delivery was last down...

Oil Prices Rise On Brief Respite From Economic Concerns, Hope For Supply Cuts

Oil prices rose on Thursday as an unexpected increase in business activity in the euro zone gave traders some respite from economic worries as they await further stimulus from central banks, while hopes that OPEC has room for further supply cuts...

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 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...

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...