The dollar index remains 0.5% firmer in January
SINGAPORE - The dollar slipped on Thursday to stand just off recent peaks as cooling US inflation data knocked down bond yields, while the yen hit a one-month high on rising bets on a rate hike in Japan.
The euro ended up fairly steady and was last buying $1.0298. The dollar index was heading lower for a fourth straight session on Thursday, easing slightly to 109.02. Traders who have been growing worried about inflation responded with relief, buying stocks and sending benchmark 10-year Treasury yields down more than 13 basis points, although the currency market reaction was a bit more muted.
"But it's not all that large," he said. "The dollar should build in risk premium given the geopolitical backdrop. The New Zealand dollar, at $0.5623, is still near Monday's two-year low of $0.5543 and the Aussie remains within reach of a recent five-year low, receiving only a brief boost from robust employment figures on Thursday.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
Similar News:آپ اس سے ملتی جلتی خبریں بھی پڑھ سکتے ہیں جو ہم نے دوسرے خبروں کے ذرائع سے جمع کی ہیں۔
Oil gains as cooling US inflation points to possible easingBoth benchmarks fell more than 2% last week on concerns about global economic growth and oil demand
مزید پڑھ »
Asia shares, risk assets cheer US inflation reliefSouth Korean shares climbed 1.3%, while Taiwan's market bounced 2.6%
مزید پڑھ »
FinMin pledges to sustain economic gains after inflation hits six-year lowPakistan has witnessed improvement in macroeconomic indicators
مزید پڑھ »
Oil eases from near three-month highs amid strong dollar ahead of economic dataUS WTI crude was down 19 cents at $73.77 after closing on Friday at its highest since Oct. 11
مزید پڑھ »
US dollar rate in Pakistan on dec 18 down by 0.05 Paisa to Rs278.22The Pakistani rupee strengthened slightly against the US dollar on Monday, appreciating by 0.05 paisa in interbank trading to close at Rs278.22
مزید پڑھ »
US dollar rate in Pakistan on Jan 15 up by 0.5 paisa to Rs278.77The US dollar rate in Pakistan further increased by Re0.5 (5 paisa) against Pakistani rupee to Rs278.77 in the interbank market on Wednesday
مزید پڑھ »