Dollar holds near one-month low as investors eye US jobs, RBA

Singapore News News

Dollar holds near one-month low as investors eye US jobs, RBA
Singapore Latest News,Singapore Headlines
  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 66%

The dollar held just above a one-month low on Monday as traders held tight positions heading into a busy week that includes monthly U.S. jobs data ...

The dollar held just above a one-month low on Monday as traders held tight positions heading into a busy week that includes monthly U.S. jobs data and a key Australian central bank decision.

The dollar index, which measures the greenback against six major peers, stood at 92.091, almost unchanged from Friday, when it dipped as low as 91.775 for the first time since June 28.The index dropped 0.88per cent last week, its worst performance since early May, after Fed Chair Jerome Powell reiterated mid-week that rate increases were"a ways away" and the job market still had"some ground to cover.

The dollar index last month hit its highest since the start of April at 93.194 as traders positioned for a start to tapering as soon as this year. "The U.S. payrolls will be a marquee event risk," Chris Weston, head of research at broker Pepperstone, wrote in a note to clients.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ChannelNewsAsia /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dwayne Johnson and Emily Blunt's Jungle Cruise docks with US$34m in US theatresDwayne Johnson and Emily Blunt's Jungle Cruise docks with US$34m in US theatresThe show also picked up US$30m on Disney Plus Premier Access globally.
Read more »

Olympics-Baseball-US pitcher woke to 2 a.m. call of trade to TwinsOlympics-Baseball-US pitcher woke to 2 a.m. call of trade to TwinsYOKOHAMA, Japan: Simeon Woods-Richardson, the youngest U.S. baseball player at the Tokyo Olympics, was woken up at 2 a.m. on Saturday by an ...
Read more »

US top diplomat Blinken to court Southeast Asia in virtual meetings next weekUS top diplomat Blinken to court Southeast Asia in virtual meetings next weekWASHINGTON: US Secretary of State Antony Blinken will meet virtually with Southeast Asian officials every day next week, a senior state department ...
Read more »

US Senators will 'get the job done' on infrastructure: SchumerUS Senators will 'get the job done' on infrastructure: SchumerThe Senate convened for a rare weekend session on Saturday (Jul 31), with Senate Majority Leader Chuck Schumer encouraging the authors of a ...
Read more »

US memorials to victims of COVID-19 pandemic taking shapeUS memorials to victims of COVID-19 pandemic taking shapeOhio has planted a memorial grove of native trees to remember people who died of COVID-19, and governors and state lawmakers nationwide are ...
Read more »

US official lands in Sudan to support democratic transitionUS official lands in Sudan to support democratic transitionThe US official who wrote a Pulitzer Prize-winning book on genocide landed on Saturday (Jul 31) in Sudan, aiming to support the country's fragile ...
Read more »



Render Time: 2025-03-12 14:53:30