Sunday, 05 July 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Euro Holds Gains vs Dollar Hit by Trade Tariffs and Weak Data
Tuesday, 3 December 2019 15:54 WIB | CURRENCIES |EUR/USD Euro

The euro and Japanese yen on Tuesday largely held gains made against the dollar this week after disappointing manufacturing data and signs of new fronts in U.S. President Donald Trump's trade war rattled greenback investors.

Moves in currency markets were broadly contained, however, with volatility remaining low and investors not appearing to take much fright at news of U.S. tariffs on imports of metals from Argentina and Brazil and the threat of more tariffs on a range of European goods.

The euro has recovered from a three-week low against the dollar of $1.0981 on Friday, moving as high as $1.1091 . On Tuesday it was flat on the day at $1.1076.

The yen also held most of its gains, a reversal from a six-month low plumbed before Trump™s tariff announcements. The dollar last traded at 109.08 yen, down from Monday™s 109.73.

Source : Reuters

RELATED NEWS
Dollar Rises as Risk Appetite Tempered by Rising COVID-19 Cases in U.S....
Friday, 3 July 2020 22:04 WIB

The dollar edged up on Friday but was set for its biggest weekly fall since the start of June, as a sentiment boost from better-than-expected jobs data in the United States was tempered by surging cor...

Dollar edges up; Aussie and Kiwi gain slightly on U.S. and China data...
Friday, 3 July 2020 15:20 WIB

The dollar edged up in early London trading on Friday and currency traders' risk appetite was boosted only slightly by better-than-expected jobs data in the United States, as surging coronavirus cases...

Dollar Steadies As U.S. Coronavirus Cases Rise Before Long Holiday...
Friday, 3 July 2020 09:56 WIB

The dollar was hemmed into a narrow range on Friday, supported by safe-haven flows as a resurgence of the coronavirus in the United States discouraged some investors from taking on excessive risk. Th...

Dollar Set For Biggest Weekly Drop in a Month before U.S. Data...
Thursday, 2 July 2020 18:51 WIB

The U.S. dollar slipped to a one-week low against its rivals on Thursday as upbeat U.S. and European economic data sharpened risk appetite, with hopes for a COVID-19 vaccine breakthrough also helping ...

Dollar falls to one-week lows on data hopes...
Thursday, 2 July 2020 15:17 WIB

The U.S. dollar slipped to a one-week low against its rivals on Thursday as upbeat U.S. and European economic data sharpened risk appetite, with hopes for a COVID-19 vaccine breakthrough also helping ...

LATEST NEWS
Hong Kong Stocks End Week on Strong Note (Review)

Hong Kong shares ended higher Friday, extending the previous day's near-three percent gains, as global markets were boosted by a better-than-expected reading on US jobs creation. The Hang Seng Index jumped 0.99 percent, or 248.93 points, to...

Colombia Arrests 8 More Suspects in Police Academy Car Bombing

Colombia has captured eight leftist rebels accused of killing at least 22 people in a bombing attack on a police academy. The National Liberation Army (ELN) claimed responsibility for the January 2019 car bombing in the capital Bogota. The rebel...

European markets close lower as virus concerns quell optimism over upbeat data

European stocks closed lower on Friday as concern over a spike in U.S. coronavirus infections tempered the optimism arising from upbeat economic data out of the U.S., China and the euro zone. The pan-European Stoxx 600 provisionally closed down...

POPULAR NEWS
Towards the end of July 2020, Prepare a Buy Option for Gold Futures
Thursday, 2 July 2020 15:00 WIB

Initial trials of the COVID-19 vaccine developed by Pfizer Inc. and BioNtech SE have shown positive results, which are safe and enable patients to...

Gold futures end lower a day after highest finish since 2011
Thursday, 2 July 2020 01:28 WIB

Gold futures pulled back Wednesday, after settling a day earlier at their highest since 2011. "Gold remains in an uptrend but some fatigue may be...

Gold settles with a gain for the session and shorter week
Friday, 3 July 2020 01:15 WIB

Gold futures climbed on Thursday, also posting a gain for the holiday-shortened week, as concerns over the increase in COVID-19 cases in part of the...

Gold Holds Drop on Vaccine Developments, Factory Data
Thursday, 2 July 2020 11:23 WIB

Gold held a decline after positive coronavirus vaccine developments and better-than-expected U.S. manufacturing data lifted sentiment and...