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POPULAR NEWS
Tokyo stocks open higher tracking gains in US shares

Tokyo stocks opened higher on Monday, tracking gains on Wall Street due to optimism over US-China trade talks, with investors closely eyeing the US Federal Reserve's meeting later this week. The Nikkei 225 index added 0.65 percent, or 139.64 points, to 21,590.49 in early trade, while the broader Topix index climbed 0.43 percent, or 6.82 points, to 1,609.45. Source : AFP

Asia Stocks Rise, Focus Back on Fed; Yields Steady: Markets Wrap

Stocks in Asia gained Monday after a positive finish to a strong week for U.S. stocks led global equities to a five-month high. Treasuries steadied. Shares in Sydney, Seoul and Tokyo advanced after the S&P 500 Index posted its best week since November. Treasuries held gains seen at the end of last week and the 10-year yield remained below 2.6 percent in the wake of soft economic data. The dollar as focus turned to the Federal Reserve, which will likely reinforce its policy-pause...

Dollar licks wounds after soft data fans bets on dovish Fed

The dollar licked its wounds on Monday after soft U.S. data increased bets the Federal Reserve will cut rates later this year while the pound hovered near nine-months high on hopes for a delay in Britain's exit from the European Union. The dollar's index against a basket of six major currencies stood at 96.564, having shed 0.81 percent last week, the biggest loss since late August. The British pound stood not far from last week™s nine-month high of $1.3380, supported by relief that a...

Gold Prices Slip Ahead of Fed Meeting

Gold prices slipped on Monday in Asia ahead of a Federal Reserve meeting that is expected to shed more light on the outlook for U.S. interest rate hikes this year. Gold Futures were down 0.3% at $1,298.65 on the Comex division of the New York Mercantile Exchange by 11:39 PM ET (03:39 GMT). The Fed is due to announce its latest monetary policy decision on Wednesday. The central bank is widely expected to keep monetary policy unchanged at the end of its two-day policy meeting and policymakers...

Dollar Weakens While Pound Holds Gains Ahead of New Brexit Vote

The euro hit a two-week high against the dollar in early trading in Europe Monday, as the greenback continues to suffer from weak economic data out of the U.S. on Friday that strengthened expectations for a Federal Reserve interest rate cut later this year. At 03:55 AM ET (07:55 GMT), the euro was at $1.1349, just off a two-week high posted earlier. The British pound was holding on to most of last week™s gains at $1.3285, as Prime Minister Theresa May prepares to push her EU Withdrawal Bill...

Dollar Eases as Trade Deal Prospects Bolster Risk, Sterling Gains
Monday, 18 February 2019 08:13 WIB | CURRENCIES |DOLLAR Indeks DolarDolar AS

The dollar was marginally weaker on Monday, as increasing expectations of a U.S.-Sino trade deal led investors to shift away from the safety of the greenback into riskier assets.

The dollar index, a gauge of its value versus six major peers was marginally lower at 96.85. The index has gained 1.4 percent so far this month despite weaker-than-expected U.S. data as well as a cautious Federal Reserve which is widely expected to keep rates steady this year due to a slowdown in growth and muted inflation.

The dollar index has gained mainly because of the euro, which has around 58 percent weightage in the index.

Elsewhere, sterling was up by 0.1 percent to $1.2903, building on its gains from Friday.

Source : Reuters

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POPULAR NEWS
Tokyo stocks open higher tracking gains in US shares

Tokyo stocks opened higher on Monday, tracking gains on Wall Street due to optimism over US-China trade talks, with investors closely eyeing the US Federal Reserve's meeting later this week. The Nikkei 225 index added 0.65 percent, or 139.64 points, to 21,590.49 in early trade, while the broader Topix index climbed 0.43 percent, or 6.82 points, to 1,609.45. Source : AFP

Asia Stocks Rise, Focus Back on Fed; Yields Steady: Markets Wrap

Stocks in Asia gained Monday after a positive finish to a strong week for U.S. stocks led global equities to a five-month high. Treasuries steadied. Shares in Sydney, Seoul and Tokyo advanced after the S&P 500 Index posted its best week since November. Treasuries held gains seen at the end of last week and the 10-year yield remained below 2.6 percent in the wake of soft economic data. The dollar as focus turned to the Federal Reserve, which will likely reinforce its policy-pause...

Dollar licks wounds after soft data fans bets on dovish Fed

The dollar licked its wounds on Monday after soft U.S. data increased bets the Federal Reserve will cut rates later this year while the pound hovered near nine-months high on hopes for a delay in Britain's exit from the European Union. The dollar's index against a basket of six major currencies stood at 96.564, having shed 0.81 percent last week, the biggest loss since late August. The British pound stood not far from last week™s nine-month high of $1.3380, supported by relief that a...

Gold Prices Slip Ahead of Fed Meeting

Gold prices slipped on Monday in Asia ahead of a Federal Reserve meeting that is expected to shed more light on the outlook for U.S. interest rate hikes this year. Gold Futures were down 0.3% at $1,298.65 on the Comex division of the New York Mercantile Exchange by 11:39 PM ET (03:39 GMT). The Fed is due to announce its latest monetary policy decision on Wednesday. The central bank is widely expected to keep monetary policy unchanged at the end of its two-day policy meeting and policymakers...

Dollar Weakens While Pound Holds Gains Ahead of New Brexit Vote

The euro hit a two-week high against the dollar in early trading in Europe Monday, as the greenback continues to suffer from weak economic data out of the U.S. on Friday that strengthened expectations for a Federal Reserve interest rate cut later this year. At 03:55 AM ET (07:55 GMT), the euro was at $1.1349, just off a two-week high posted earlier. The British pound was holding on to most of last week™s gains at $1.3285, as Prime Minister Theresa May prepares to push her EU Withdrawal Bill...

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