Tag Archives: US Dollar Currency Index

Dollar hovers near 13-month peak on concerns over Turkey

The dollar held firm near a 13-month high against a basket of major currencies on Wednesday after safe-haven demand on fears over fallout from the Turkish lira’s recent drop boosted the U.S. currency. The greenback’s strength was bolstered by the euro’s fall, which has been dogged by concerns over the exposure of European banks to financial turmoil in… Source link

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US-China trade tensions and oil in focus

Asia markets were set to open slightly lower on Thursday after the U.S. markets were mostly little changed overnight following the unveiling of new Chinese tariffs on American goods. Australia’s SPI futures traded at 6,207, which was a touch lower than the ASX 200’s last close at 6,268.5. Nikkei futures in Chicago and Osaka traded around 22,570 compared to the…

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