Dollar Edges Up as Traders Await Rate Cut Clues, Euro Stabilises

June 18, 2024, 03.45 PM
Dollar Edges Up as Traders Await Rate Cut Clues, Euro Stabilises

ILUSTRASI. The dollar edged higher on Tuesday as traders awaited a U.S. retail sales report.

Source: ReutersEditor: Wahyu T.Rahmawati

CURRENCY - TOKYO/LONDON. The dollar edged higher on Tuesday as traders awaited a U.S. retail sales report and comments from Federal Reserve officials to help gauge the timing of interest rate cuts, while the euro steadied after last week's politics-driven tumble.

The U.S. dollar index, which measures the currency against six major peers, was last up 0.18% to 105.46. It lost 0.2% on Monday as it retreated from Friday's six-week high of 105.80.

Thanks for reading Kontan English.
Please create account or log in.

Only Rp5,000 to continue reading.

BUY NOW!
Latest News