Against a basket of currencies, the US dollar was a fraction firmer and just above a two-year trough. ― Reuters pic
“Our portfolio has been positioned for a number of weeks now for a narrowly weaker USD as a consequence of the independent surge in Covid-19 infections in the US that has opened up a decent gap in near-term economic performance, especially against Europe,” said analysts at JPMorgan in a note. Turnover was light with Tokyo on a holiday and considerable uncertainty on whether US policymakers can agree a new package of fiscal support for the virus-hit economy.
The US dollar was a little steadier on the yen at 105.89 , well above the recent low of 104.17 but facing stiff resistance at 106.46.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Global stocks mixed as US-China tensions rise, Washington deal elusive | Malay MailNEW YORK, Aug 8 — Wall Street stocks finished mixed yesterday, with the Nasdaq retreating from records, following data showing the US economy adding jobs as US-Chinese tensions mount and a standoff over fresh stimulus continues. The monthly US non-farm payrolls market report had been eagerly...
Läs mer »