Tuesday, 02 June 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Yen Rises against Dollar After BOJ Holds
Thursday, 19 September 2019 15:17 WIB | CURRENCIES |

The yen rose from a seven week low against the U.S. dollar on Thursday after the Bank of Japan kept monetary policy on hold, in the wake of the Federal Reserve™s overnight decision to cut rates.

The dollar was down 0.44% to 107.95 yen by 2:32 AM ET (6:32 GMT) after the BoJ kept policy on hold, as expected, but signaled it could ease next month.

Central banks around the world have been loosening policy to counter the risks of low inflation and recession.

The euro rose 0.1% against the dollar to 1.1045, while the British pound was little changed at 1.2468.

The Australian dollar was down 0.6% at 0.6786 after data overnight showing that the country™s unemployment rate unexpectedly rose in August, underlining the case for additional stimulus by the Reserve Bank of Australia.

Source: marketwatch

RELATED NEWS
Aussie Dollar Surges As Investors Focus On Recovery From Pandemic...
Monday, 1 June 2020 14:01 WIB

Riskier currencies rose against the dollar on Monday as investors looked to positive signs from China™s post-coronavirus economic recovery and wagered on an easing in Sino-U.S. tensions. The trade-...

Dollar Slips as Investors Focus on Recovery Outlook...
Monday, 1 June 2020 08:47 WIB

The dollar slipped on Monday as investors looked past unrest in the United States to the global economic recovery from the coronavirus and hoped for an easing in Sino-U.S. tensions. The risk-sensitiv...

Euro Tests Highs before Trump's Press Conference on China...
Friday, 29 May 2020 18:30 WIB

The euro extended its gains, testing two-month highs, on Friday as traders waited for U.S. President Donald Trump's response to China's tightening control over Hong Kong, which could worsen tensions b...

Euro and yen gain before Trump's press conference on China...
Friday, 29 May 2020 15:56 WIB

The euro extended its gains on Friday to a two-month high as traders waited for U.S. President Donald Trump's response to China's tightening control over Hong Kong, which could further worsen tensions...

Dollar In Narrow Range As Focus Shifts To Trump China Response...
Friday, 29 May 2020 08:19 WIB

The dollar was hemmed into a narrow trading range on Friday as traders™ focus shifted to U.S. President Donald Trump™s response to China™s passage of a national security law for Hong Kong. The ...

LATEST NEWS
ISM Manufacturing PMI improves to 43.1 in May vs. 43.6 expected

The economic activity in the US' manufacturing sector contracted at a softer pace in May than it did in April with the ISM's Manufacturing Purchasing Managers' Index (PMI) improving to 43.1 from 41.5. This reading came in slightly worse than the...

Stocks open lower amid U.S.-China trade uncertainty and civil unrest

U.S. stocks opened modestly lower Monday as investors watched the latest developments in U.S. China relations after a report that China was pausing some purchases of U.S. agricultural goods, amid rising tensions over the status of Hong Kong as an...

Gold edges lower as investors play down U.S.-China tensions

Gold futures traded slightly lower Monday, losing ground as equities drifted into positive territory and investors appeared to play down U.S.-China tensions and a weekend of civil unrest in several U.S. cities. Gold for August delivery on Comex...

POPULAR NEWS
Gold futures end higher, up more than 3% for the month
Saturday, 30 May 2020 01:21 WIB

Gold futures ended higher on Friday as tensions between the U.S. and China over Hong Kong fed haven demand for the precious metal. Meanwhile,...

U.S. oil futures reverse course to finish higher, climb 88% for the month
Saturday, 30 May 2020 02:12 WIB

U.S. oil futures reversed course to finish higher Friday, getting a boost as traders eye developments tied to Hong Kong related tensions between the...

Hong Kong stocks end week with more losses (Review)
Saturday, 30 May 2020 03:29 WIB

Hong Kong stocks finished with more losses Friday as traders nervously await Donald Trump's news conference, in which he will set out the US...

Stocks Erase Early Losses to End Mixed as Trump Refrains From Tearing Up U.S.-China Trade Deal
Saturday, 30 May 2020 03:24 WIB

Stocks reversed early losses to post a mixed finish Friday, capping a strong weekly and monthly performance, after President Donald Trump announced...