Dollar Turns In Mixed Performance Against Major Rivals

RTTNews | 904 dias atrás

(RTTNews) - After staying weak till about an hour past noon, the U.S. dollar made some progress up north on Tuesday, but a significant uptick still remained elusive as traders looked for direction.

The U.S. dollar was notably lower in the Asian session on Wednesday, and despite seeing a gradual recovery thereafter, still stayed somewhat sluggish with traders tracking Covid-related news from China, and looking ahead to the crucial jobs data, due later in the week.

Hawkish comments from St. Louis Fed President James Bullard and New York Fed President John Williams helped the dollar's cause a bit. Both Bullard and Williams reiterated their hawkish stance on further rate hikes.

Optimism surrounding China's reopening offset rate-hike fears and weighed on the greenback. China reported a slight dip in new COVID-19 infections and also stepped-up support for the country's property sector.

In U.S. economic news, the Conference Board released a report on Tuesday showing a modest decrease in U.S. consumer confidence in the month of November.

The Conference Board said its consumer confidence index dipped to 100.2 in November from a revised 102.2 in October. Economists had expected the index to slip to 100.0 from the 102.5 originally reported for the previous month.

The modest decrease by the headline index came as the present situation index edged down to 137.4 in November from 138.7 in October.

The dollar index, which dropped to 106.06 in the Asian session, climbed to 106.88, gaining nearly 0.2%.

Against the Euro, the dollar firmed to 1.0327, after having weakened to 1.0396 earlier in the day.

The dollar is up marginally against Pound Sterling at $1.1951.

Against the Japanese currency, the dollar is weak at 138.69 yen, compared with 138.93 yen on Monday.

The dollar is weak against the Aussie at 0.6688, easing from 0.6653.

Against Swiss franc, the dollar has firmed to CHF 0.9535, up nearly 0.5% over the previous close.

The dollar is stronger against the loonie, fetching C$1.3580 a unit, compared with C$1.3469 on Monday.

Australian Market Slightly Trims Early Losses In Mid-market

The Australian market is slightly trimming its early losses in mid-market moves on Thursday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,350 level, with weakness across most sectors led by and technology and energy stocks. Gold miners are the only bright spot.

RTTNews | 14 minutos atrás

Asian Markets Tracks Wall Street Lower

Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from Wall Street overnight, amid rising treasury yields on concerns about the fiscal impact of a new U.S. tax bill on the country's deficit. The lack of clear progress on new trade deals is also weighing on the markets. Asian markets closed mostly higher on Wednesday.

RTTNews | 35 minutos atrás

Sensex, Nifty Set To Open Lower After US Selloff

Indian shares may open lower on Thursday as investors react to escalating geopolitical tensions, rising U.S. Treasury yields and a lack of progress on U.S. trade talks with partners.

RTTNews | 1h 2min atrás

Soft Start Anticipated For Thai Stock Market

The Thai stock market has alternated between positive and negative finishes through the last 11 trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just beneath the 1,180-point plateau and it may tick lower again on Thursday.

RTTNews | 1h 34min atrás

Japanese Market Notably Lower

The Japanese market is trading notably lower on Thursday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 37,100 level, with weakness across most sectors led by index heavyweights and technology stocks.

RTTNews | 2h 4min atrás

Indonesia Bourse May Hand Back Wednesday's Gains

The Indonesia stock market bounced higher again on Wednesday, one day after snapping the five-day winning streak in which it had rallied more than 310 points or 4.5 percent. The Jakarta Composite Index now rests just above the 7,140-point plateau, although it may head south again on Thursday. The global forecast for the Asian markets is negative on concerns over rising bond yields. The European markets were mixed and the U.S. bourses were sharply lower and the Asian markets also figure to open under pressure.

RTTNews | 2h 4min atrás

Lower Open Called For Hong Kong Stock Market

The Hong Kong stock market has finished higher in consecutive trading days, accelerating almost 500 points or 2.2 percent along the way. The Hang Seng Index now sits just above the 23,825-point plateau, although it's likely to run out of steam on Thursday.

RTTNews | 2h 19min atrás

Australian Market Notably Lower

The Australian market is trading notably lower on Thursday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,300 level, with weakness across most sectors led by and technology stocks. Gold miners are the only bright spot.

RTTNews | 2h 22min atrás

EURUSD	1.13378	GBPUSD	1.3429	AUDUSD	0.64423
USDJPY	143.221	USDCAD	1.38502	USDCHF	0.82419

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Dollar Turns In Mixed Performance Against Major Rivals