Loading...

mosque
partly-cloudy
°C,

Dollar wavers ahead of central bank meetings in Europe

October 26, 2021 / 10:52 AM
Image for the title: Dollar wavers ahead of central bank meetings in Europe
download-img
Sharjah24 – Reuters: The dollar inched higher against the safe-haven yen while easing a touch against riskier currencies on Tuesday as solid company earnings and a glimmer of improvement in U.S.-China trade ties lifted sentiment, while rates expectations weighed on the euro.
The greenback was last up 0.2% at 113.93 yen and was holding steady against the euro at $1.1599. Moves were slight as traders eye central bank meetings in Europe, Japan and Canada this week and data releases in Australia and the United States.

China's Vice Premier Liu He and U.S. Treasury Secretary Janet Yellen held a video call which readouts from both sides suggested was at least not acrimonious.

Meanwhile earnings have driven U.S. stock markets to fresh peaks and car-maker and mood barometer Tesla to a valuation above $1 trillion.

The risk-sensitive Australian dollar rose about 0.3% and poked past 75 U.S. cents to $0.7513, China's yuan was firm near a four-month high at 6.3845 per dollar and the South Korean won hit a seven-week peak.
October 26, 2021 / 10:52 AM

Related Topics

More on this Topic

Rotate For an optimal experience, please
rotate your device to portrait mode.