DJIA
Last loading.. Chg. loading..
FTSE
Last loading.. Chg. loading..
NDXI
Last loading.. Chg. loading..
POPULAR NEWS
Yen Near One-Month Low Before Powell Testimony
Tuesday, 9 July 2019 07:52 WIB | CURRENCIES | YenUSD/JPY,JPY,

Yen steadied near one-month low as the market awaits Federal Reserve Chairman Jerome Powell's testimony Wednesday and any signals he provides on an expected rate cut this month. The Ministry of Finance sells five-year bonds.

USD/JPY little changed at 108.76, after touching 108.80 on Monday, highest since June 11

USD/JPY is unlikely to gain upside momentum even if it recovers 109 levels as selling orders are likely to be placed by those who bought the pair at high levels, Naoto Ono, currency analyst at Ueda Harlow, writes in report

While excessive expectations for 50bp Fed rate cut disappeared after the jobs data, speculation still lingers for a cut this month and there is no need to rush and buy back the dollar before Powell speaks.

Source : Bloomberg

RELATED NEWS
Sterling Rises on Speculation of U.K. Softening Brexit Stance...
Friday, 13 September 2019 23:45 WIB

The pound rose on Friday on a newspaper report that the U.K. government is contemplating some type of regulatory divergence between Northern Ireland the U.K. in an attempt to secure a Brexit deal. Ac...

Dollar Extends Losses on Lingering Trade Hopes...
Friday, 13 September 2019 15:25 WIB

The dollar extended losses in early trading in Europe Friday, as higher-yielding currencies advanced on hopes of at least a temporary truce to the U.S.-China trade war. President Donald Trump downpla...

Trade optimism pressures yen but caution prevails ahead of Fed, BOJ...
Friday, 13 September 2019 08:38 WIB

The yen was pinned near a six-week low versus the dollar as signs the United States and China were narrowing their differences over trade ahead of key talks decreased demand for safe haven assets. Th...

Sterling hovers near recent highs as investors weigh up Brexit outcomes...
Thursday, 12 September 2019 23:34 WIB

Sterling held on Thursday near the six-week high it reached at the start of the week as investors weighed up Britain's chances of securing a divorce deal with the European Union ahead of its departure...

Euro pauses before ECB meeting as trade thaw triggers risk rally...
Thursday, 12 September 2019 15:47 WIB

The euro hovered near $1.10 on Thursday as traders waited to see the scale of fresh stimulus expected from the European Central Bank, while China's yuan and Australia's dollar were buoyed by further s...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.