Wednesday, 27 May 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Dollar falls as oil attacks send investors to safety
Monday, 16 September 2019 08:12 WIB | CURRENCIES |DOLLAR Indeks DolarDolar AS

The dollar fell while safe-havens and currencies of oil producing countries rallied on Monday, following an attack on Saudi Arabian refining facilities that disrupted global oil supply and heightened Middle East tensions.

Oil prices surged more than 15% following the strikes on two plants, including the world's biggest petroleum processing facility in Abqaiq, knocked out more than 5% of global oil supply.

Yemen's Iran-aligned Houthi group claimed responsibility for the damage, but the U.S. has pointed the finger directly at Iran.

The safe-haven Japanese yen and Swiss franc each lifted at least 0.3% on the dollar. The yen hit 107.60 per dollar and the franc touched $0.9871. Gold jumped by 1%.

Against a basket of currencies (DXY) the dollar was 0.2% lower at 98.053.

Source : Reuters

RELATED NEWS
Euro, riskier currencies buoyed as investor sentiment improves...
Tuesday, 26 May 2020 15:22 WIB

The euro got a boost on Tuesday from a weaker dollar as growing optimism about a global recovery from the COVID-19 pandemic supported riskier currencies. The moves, however, lacked the exuberance of ...

Dollar Dips As Virus Recovery Optimism Holds...
Tuesday, 26 May 2020 09:18 WIB

The dollar inched lower on Tuesday as growing optimism about a global recovery from the COVID-19 pandemic supported riskier currencies, though concerns about Sino-U.S. tensions held further moves in c...

Dollar Drifts Higher in Thin Trade as Hong Kong Flares up Again...
Monday, 25 May 2020 15:10 WIB

The dollar started the week slightly higher in Europe, albeit in modest volumes depressed by public holidays in the U.K. and U.S., against a backdrop of simmering tension between the U.S. and China. ...

USD/JPY: Off intraday top, still above 107.00, as trade sentiment dwindles...
Monday, 25 May 2020 11:17 WIB

USD/JPY retreats from the intraday high near 107.80 to 107.65 amid the early trading session on Monday. Although news of Japan™s likely removes of state of emergency from Tokyo and nearness to anoth...

Dollar edges up on rising US-China tension; yuan, other Asian FX fall...
Friday, 22 May 2020 19:56 WIB

The dollar gained against major peers on Friday as worries about rising diplomatic tensions between the United States and China supported safe-haven demand for the greenback. Sino-U.S. relations have...

LATEST NEWS
Hong Kong stocks close sharply higher (Review)

Hong Kong shares rallied Tuesday as worries over a controversial Chinese security law proposed for the city were overshadowed by hopes for the global economy as governments continue to ease lockdown restrictions. The Hang Seng Index jumped 1.88...

Dow Rallies 500 Points as Wall Street Cheers on The Economy Reopening, JPMorgan Jumps

Stocks surged on Tuesday, adding to their strong gains from last week, as optimism grew about the reopening of the economy and a potential coronavirus vaccine. The Dow Jones Industrial Average gained 529.95 points, or 2.2%, to close at 24,995.11....

Oil jumps more than 3% as faith in supply cuts grows

Oil prices rose on Tuesday, supported by growing confidence that producers are following through on commitments to cut supplies and as fuel demand picks up with coronavirus restrictions easing. Brent crude futures were up 2 cents at $35.55 a...

POPULAR NEWS
Gold Falls as Potential Japan Stimulus Boosts Risk Appetite
Monday, 25 May 2020 15:13 WIB

Gold declined on Monday as Japanese equities rose on news of a potential stimulus program that boosted investors™ risk appetite, though fresh...

Gold Down Over Escalating U.S.-China Tensions
Monday, 25 May 2020 13:36 WIB

Gold was down in Asia on Monday morning, with escalating U.S.-China tensions continuing to impact demand for even the safe-haven asset. Gold...

US Marks Memorial Day as Coronavirus Toll Nears 100,000
Monday, 25 May 2020 18:51 WIB

Monday is Memorial Day in the United States “ a day set aside to honor the hundreds of thousands of U.S. servicemen and women who sacrificed their...

Oil Dips as U.S.-China Tensions Add to Nerves on Global Economy
Monday, 25 May 2020 08:31 WIB

Oil edged lower as an escalating war of words between the U.S. and China added to caution over the prospects for a global recovery in...