Wednesday, 16 October 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Dollar gives up post Fed gains, sterling hits two-month high
Friday, 20 September 2019 15:18 WIB | CURRENCIES |Dolar EuroAussiepound

The dollar drifted lower on Friday after central banks in Switzerland and the UK refrained from following the Federal Reserve in cutting rates, and risk appetites ebbed on caution about U.S-China trade talks.

Sterling hit a two-month high of $1.2566 against the greenback, after European Commission President Jean-Claude Juncker said he thought Brussels could reach a deal with Britain to leave the European Union.

The Swiss National Bank, the Bank of England and the Bank of Japan all left their policies unchanged on Thursday. Their currencies rose, with the Japanese yen and Swiss franc both adding almost 0.2%, supported by safe-haven buying.

On Friday, the Aussie edged higher to around $0.6799, which is close to its lowest since Sept. 4, while the New Zealand dollar hit $0.6285, its weakest since Sept. 3.

The Australian and New Zealand dollars were on track for their steepest weekly slides in close to a month, as each has given up more than 1%.

The dollar gave ground to the yen, buying 107.85, and to the Swiss franc at 0.9910 per dollar. Against a basket of currencies, the dollar edged lower to 92.223.

Source: CNBC

RELATED NEWS
Dollar dives to four-week lows as trade tensions dominate; yen gains...
Wednesday, 16 October 2019 15:24 WIB

The dollar headed toward a four-week low against its rivals on Wednesday on concerns that elevated trade tensions between Washington and Beijing will continue to weigh on the global growth outlook. R...

Sterling gives up some gains as Brexit optimism curbed...
Wednesday, 16 October 2019 08:21 WIB

The British pound fell from its highest level in almost five months versus the U.S. dollar on Wednesday as investors started to question their optimism about Britain's negotiations to leave the Europe...

Pound and UK Stocks Surge on Report EU, UK Close to Brexit Draft Deal...
Tuesday, 15 October 2019 23:25 WIB

Sterling jumped against the dollar and the euro while British stock prices and government bond yields rose in late afternoon trading on Tuesday after a Bloomberg report that British and European Union...

Pound Leaps Again as Barnier Stokes Brexit Deal Hopes...
Tuesday, 15 October 2019 15:15 WIB

The British pound took center stage again on Tuesday, rising sharply against the dollar and euro on renewed speculation of a deal to allow the U.K. to leave the EU smoothly at the end of the month. B...

Dollar loses steam versus yen as trade deal, Brexit hopes face reality check...
Tuesday, 15 October 2019 08:22 WIB

The dollar hovered below 2-1/2-month highs against the yen on Tuesday, failing to extend recent gains as optimism over trade negotiations between the world's two largest economies and for an orderly B...

LATEST NEWS
Oil mixed as worries over demand prospects persist

Oil futures were putting in a mixed performance Wednesday, with Brent crude edging lower and West Texas Intermediate in positive territory, as worries over global demand lingered. West Texas Intermediate crude for November delivery rose 25 cents,...

Stock futures point slightly lower as worries remain over U.S.-China deal

Stock-index futures indicated a slightly lower start for Wall Street Wednesday, with analysts citing worries that tensions between the U.S. and China over Hong Kong protests could complicate efforts to complete a trade deal. Futures on the Dow...

Hong Kong Democracy Protesters Call For US Congress Proposed Sanctions

Hong Kong pro-democracy advocates are urging the U.S. Congress to pass a human rights bill that could impose trade sanctions on this international financial center, a measure that critics say could cause more harm than good. At a massive...

POPULAR NEWS
Gold Flirts With $1,500 Again on New Trade War Worries
Tuesday, 15 October 2019 03:33 WIB

What™s bad for trade is good for gold. The yellow metal found favor again with haven investors on Monday, flirting with the key bullish level of...

Gold Posts Lowest Close So Far This Month as Investors Weigh Trade Deal, Earnings Season
Wednesday, 16 October 2019 03:44 WIB

Gold prices declined on Tuesday to mark their lowest settlement month to date, as investors awaited clarity on U.S.-China trade talks and as...

Gold Edge Higher on Trade Optimism; Palladium at Record
Monday, 14 October 2019 16:23 WIB

Gold holds below its 50-day moving average after dropping last week on U.S.-China trade optimism. Palladium hit a fresh record. Spot...

Gold edges higher as Brexit uncertainty spurs safe-haven bid
Wednesday, 16 October 2019 08:48 WIB

Gold prices edged higher on Wednesday after shedding nearly 1% in the previous session, as it remained unclear if Britain could avoid postponing its...