Dollar buoyed by safe-haven bids, rate jitters
SINGAPORE - The dollar was on the front foot on Monday in cautious trade as tensions in the Middle East escalated, while investors awaited a speech by Federal Reserve Chair Jerome Powell later this week for further clues on the U.S. central bank's rate outlook.
The BOJ has continued to maintain its ultra-easy policy settings although markets are rife with speculation that it could move to gradually exit from the accommodative stance sooner rather than later. Elsewhere, the safe-haven dollar stood near a one-week high against a basket of currencies as risk sentiment remained fragile, pinning the euro near a one-week low hit on Friday.Sterling gained 0.06% to $1.21515, though it was similarly languishing near Friday's one-week trough of $1.2123.
The Australian dollar, often used as a proxy for risk appetite, gained 0.19% to $0.6309, after sliding 1.4% last week.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Man accused of child neglect for allowing 12-year-old to drive to Dollar General storeA West Virginia man is accused of allowing a 12-year-old child to drive him to a Dollar General store, authorities said.
Read more »
Markets Week Ahead: Gold, Crude Oil, Geopolitical Tensions, US Dollar, Fed, China GDPGold prices soared in the best week since the middle of March, crude oil also outperformed amid geopolitical volatility. Ahead, all eyes are on a speech from Jerome Powell and Chinese GDP data. What else is in store for markets ahead?
Read more »
Dollar General Might Be Shortchanged After CEO EncoreThere is a long history of legendary CEO returns, but more companies have regretted them than rejoiced
Read more »
Tracy Tutor of 'Million Dollar Listing Los Angeles' brings talents to Austin real estateAusitn's real estate market is growing, and top real estate agents from Los Angeles want in on the action.
Read more »
Dollar General Might Get Shortchanged After CEO EncoreThere is a long history of legendary CEO returns, but more companies have regretted them than rejoiced
Read more »
Dollar General store clerk robbed at knifepoint: North Olmsted Police BlotterOfficers at 9:54 p.m. on Oct. 2 responded to the Dollar General store after a clerk was robbed at knifepoint. Two men wearing hoodies and facemasks entered the store, walked directly to the cash register, and demanded money, according to a police report.
Read more »