Dollar Climbs Higher On Safe-haven Demand

RTTNews | 1045 dni temu
Dollar Climbs Higher On Safe-haven Demand

(RTTNews) - The U.S. dollar firmed against its major rivals on Monday on safe-haven demand after China saw a surge in Covid-19 cases and imposed stringent restrictions in several cities including Beijing and Shanghai.

Chinese authorities told residents in Beijing's most populous district to remain at home to contain the Covid-19 outbreak and the country's southern metropolis of Guangzhou has been placed under a lockdown for five days.

Traders looked ahead to the minutes of the Federal Reserve's latest policy meeting for clues about the central bank's interest rate outlook.

The dollar index, which climbed to 107.99 around noon, was at 107.82 a little while ago, up 0.84% from the previous close.

Against the Euro, the dollar is at $1.0241, gaining from $1.0326.

The dollar is trading at 1.1815 against Pound Sterling, strengthening from $1.1888.

Against the Japanese currency, the dollar is trading at 142.07 yen, rising from 140.39 yen.

The Swiss franc is weak at CHF 0.9594 a dollar, compared with CHF 0.9549 on Friday.

Against the Aussie, the dollar is stronger by more than 1% at 0.6600, while against the Loonie, it is firm, fetching C$ 1.3457 a unit, up from C$ 1.3384 on Friday.

read more
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian market is extending its early gains in mid-market moves on Thursday, reversing the slight losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,900 level, with gains across most sectors led by mining and technology stocks.
RTTNews | 2g 22 minut temu
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, amid optimism about the outlook for interest rates following a report showing unexpected decrease in US private sector employment in the month of September. Expectations of additional rate cuts this year and another next year have increased among traders based on projections.
RTTNews | 2g 42 minut temu
Higher Open Tipped For Thai Stock Market

Higher Open Tipped For Thai Stock Market

The Thai stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had gained more than 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,275-point plateau although it may tick higher again on Thursday.
RTTNews | 3g 57 minut temu
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese market is notably higher on Thursday, snapping a four-session losing streak, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 44,800 level, with gains in index heavyweights and technology stocks partially offset by weakness in automakers, exporters and financial stocks.
RTTNews | 4g 16 minut temu
Indonesia Stock Market May Snap Losing Streak

Indonesia Stock Market May Snap Losing Streak

The Indonesia stock market has finished lower in two straight sessions, shedding almost 80 points or 1 percent in that span. The Jakarta Composite Index sits just above the 8,040-point plateau although it's expected to open to the upside on Thursday.
RTTNews | 4g 27 minut temu
Australian Market Notably Higher

Australian Market Notably Higher

The Australian market is trading notably higher on Thursday, reversing the slight losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 8,900 level, with gains across most sectors led by mining and technology stocks. Energy stocks are the only weak spot.
RTTNews | 4g 43 minut temu
Win Streak May Continue For Hong Kong Shares

Win Streak May Continue For Hong Kong Shares

Ahead of Wednesday's holiday for National Day, the Hong Kong stock market had moved higher in back-to-back sessions, advancing almost 720 points or 2.8 percent along the way. The Hang Seng Index now sits just above the 26,850-point plateau and it may extend its gains on Thursday.
RTTNews | 4g 57 minut temu