Friday, 03 July 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Dollar cedes gains as U.S. virus spread deepens pandemic fear
Thursday, 27 February 2020 14:42 WIB | CURRENCIES | Indeks Dolar

The dollar fell against the yen and the Swiss franc on Thursday after the first coronavirus infection of unknown origin was confirmed in the United States, adding to fears of a pandemic.

The dollar also fell from a three-month high versus the pound and declined versus the euro as 10-year U.S. Treasury yields crashed to a record low as concerns grew over whether the world's largest economy was prepared for the epidemic.

Other currencies were locked in narrow ranges as traders nervously monitor the global spread of the coronavirus that emerged in China late last year.

The dollar fell 0.35% to 110.06 yen , extending a pullback from a 10-month high of 112.23 yen reached on Feb. 20.

The dollar also fell 0.35% to 0.9735 Swiss franc, a currency that is traditionally sought as a safe haven.

The pound rose 0.27% to $1.2933. Sterling hovered near a two-week low versus the euro, at 84.46 pence per euro.

The euro rose 0.24% to $1.0902 as traders pondered how European officials would respond to a weakening economic outlook.

Source: Reuters

RELATED NEWS
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 ...

Dollar On Defensive As Upbeat Data Dulls Safe-Haven Appeal...
Thursday, 2 July 2020 08:42 WIB

The dollar was on the defensive against more growth-sensitive currencies on Thursday, following upbeat U.S. and European economic data but renewed worries about the coronavirus blunted more aggressive...

LATEST NEWS
UK Final Services PMI revised higher to 47.1 for June; GBP/USD holds steady above mid-1.2400s

The headline seasonally adjusted final IHS Markit/CIPS UK Services PMI Business Activity Index posted 47.1 in June, up sharply from 29.0 in May and the highest for four months. This compared with the earlier 'flash' figure of 47.0 in June. The...

Dollar edges up; Aussie and Kiwi gain slightly on U.S. and China data

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 continued to taper market optimism. U.S....

Hong Kong Stocks End Week on Strong Note

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...

POPULAR NEWS
July, Gold is Still Promising
Wednesday, 1 July 2020 16:41 WIB

Index futures closed above $ 1,800 per ounce on Tuesday, June 30, 2020, which also means closing in the first half of this year. Over the past six...

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 prices retreat to start July after the notching their highest finish since 2011
Wednesday, 1 July 2020 18:58 WIB

Gold futures were drifting lower Wednesday after topping $1,800 and marking the highest finish since in about nine years Tuesday, as uncertainty...