The dollar was mostly flat in early trade in Europe on Friday amid a lull in news ahead of more U.S. economic data later in the day.
The greenback is on course for a modest loss of around 0.2% this week, drifting as the world waits for China and the U.S. tie up an elusive trade truce.
The threat of a Chinese crackdown on unrest in Hong Kong is also keeping markets on edge. President Xi Jinping urged the city™s chief executive Carrie Lam to clamp down on protests on late on Thursday, urging œforceful actions‰to punish those who have committed violent crimes, according to the Financial Times.
However, the FT also cited people familiar with the matter as saying that China™s top official overseeing the territories of Hong Kong and Macau had delayed a visit to the city for fear of inflaming the situation further.
By 4 AM ET (09:00 GMT), the dollar index, which tracks the buck against a basket of developed market currencies, was at 98.050, little changed from late Friday. EUR/USD and GBP/USD were both effectively unchanged at $1.1025 and $1.2880, respectively.
Source : Investing.com
The British pound hit 31-month highs against the euro on Monday and hit seven-month highs against the U.S. dollar amid growing confidence about a Conservative Party victory in Thursday™s U.K. electi...
The dollar held firm on Monday after data showed surprise strength in the U.S. jobs market, but the currency was restrained from moving higher by worries about an escalation in the U.S.-China trade wa...
The euro was steady against the dollar on Friday, though the greenback was headed for its worst week since mid-October, dragged down by nervousness around U.S.-China trade relations and hints of weakn...
The dollar nursed a week of losses on Friday, hit by nervousness on trade and mixed signals about the U.S. economy, while the British pound stood tall as bets firmed that Prime Minister Boris Johnson ...
The dollar edged lower against a basket of its rivals on Thursday as mixed messages on trade from U.S. President Donald Trump tempered hopes that China and the U.S. may soon reach an agreement to end ...
European stocks closed lower on Monday as weak Chinese export data highlighted the detrimental impact of its prolonged trade war with the U.S. The pan-European Stoxx 600 ended the session 0.24% lower to 406.38, with oil and gas stocks falling 1%...
The World Anti-Doping Agency's (WADA) executive committee has sent a "robust" rebuke of Russia's sports authorities, banning the country's athletes and officials from the Olympics and world championships in a range of sports for four years. The...
The Dow Jones Industrial Average fell slightly on Monday as investors took a pause after a sharp rally in the previous session. The 30-stock average traded about 21 points lower, or 0.1%, and was headed for its first decline in four days. Boeing...
Gold slid 1% on Friday as strong U.S. jobs data renewed bets the Federal Reserve would hold pat on interest rates and boosted demand for riskier...
Hong Kong closed more than one percent higher Friday, boosted by renewed hopes that China and the United States will eventually reach a partial...
U.S. stocks closed solidly higher Friday, helping to wipe out or chip away at weekly losses, after an key employment report for November ignited...
Gold held a decline after a better-than-expected U.S. payrolls report on Friday led to a surge in equities, damping demand for haven...