TOKYO - The U.S. dollar started the week with a soft tone on Monday as investors looked to looming economic data from around the world and U.S. corporate earnings to gauge whether the markets’ guarded optimism on the economic outlook is justified.
The dollar index against a basket of currencies stood at 96.586=USD, down slightly after having lost about 0.5% last week. Hopes for development of drugs and vaccines for the disease are also supporting risk sentiment as do economic indicators that have so far shown a recovery from lockdowns. U.S. consumer inflation figures for June are due on Tuesday while retail sales, a key gauge of consumption, are released on Thursday.
This headline is...oof.
How about Rupiahs?
Hopefully demand for dollars is not too high there are so many stores of value to use instead of dollars now...
Delete! Repost! Error!
The end is near
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