Dollar holds gains as investors assess damage from Chinese virus
The dollar held near two-month highs on Wednesday and other currencies seen as safe havens stabilised as investors regained their composure after an outbreak of coronavirus in China, awaiting more news on possible economic damage.
The dollar’s strong showing this week, helped by the relatively positive performance of the U.S. economy, has underlined its safe-haven credentials.
The dollar index was last up 0.1% at 98.089, while the euro was down 0.2% versus the U.S. currency at $1.1002, not far from its weakest since early Nov. 29.
The greenback is now up 1.8% against a basket of major currencies so far in 2020, ahead of a Federal Reserve meeting later on Wednesday.
The Fed is not expected to change interest rates when it gives its decision at 1900 GMT, but investors will want to hear whether chairman Jerome Powell retains his cautiously upbeat language.
ING analysts said that with the market already pricing in another 25 basis point rate cut from the Fed in 2020, the U.S. currency looked like it would hold recent gains.
“With dovish pricing already in place, the bar for a dollar decline vs low yielding currencies such as JPY or EUR remains high,” they wrote in a research note.
The yen, which jumped earlier this week as investors bought into a currency considered a safe store of value in times of stress, traded at 109.10 yen per dollar, up marginally on the day.
The Swiss franc rallied 0.1% to 1.0713 francs per euro but was some way off Tuesday’s high of 1.0666.
“The dollar is the outperformer and illustrates in an impressive manner who is the ultimate safe haven in the FX universe – regardless of whether that is justified or not,” Commerzbank analyst Antje Praefcke said.
The newly identified coronavirus has created alarm because it is spreading quickly and there is little known about it. The death toll rose sharply to 132 on Wednesday, with nearly 1,500 new cases identified for a total of nearly 6,000.
But there was evidence that investors were becoming more relaxed.
The offshore yuan – heavily sold in recent days – was marginally stronger at 6.9605 per dollar, off Monday’s 6.9900, its weakest in almost a month.
Sterling fell 0.1% to $1.3020 ahead of a Bank of England meeting on Thursday. Investors are divided as to whether it will cut rates.
Australia’s dollar cemented its rebound from 3-1/2 month lows after firmer-than-expected inflation data. The Aussie was last unchanged on the day at $0.6761.
Source: Reuters
Comments (99)
hydroxychloroquine covid hydroxychloroquine pills http://www.drugs.com side effects
hidroxicloroquina
plaquinol
what is accutane accutane coupon
what does prednisone do https://prednisoloneacetateophthalmic.com/
modafinil adhd provigil uses
Sulfonamide antibiotic sulfameth trimethoprim 800 160 tb
trimoxazole ds https://bactrimhoprim.com/
prednisone prednisone indications
what does hydroxychloroquine do https://plaquenilx.com/# hydroxychloroquinr
roaccutane side effects buy isotretinoin
modafinil provigil modafinil
sulfamethoxazole and alcohol trimoxazole 800
generic tadalafil from uk https://www.pharmaceptica.com/
modafinil 100mg modafinil drug test
what is provigil modafinil vs adderall
trimethoprim class trimethoprim polymyxin b
buy modafinil goodrx modafinil
trimoxazole tablet uses in hindi sulfamethoxazole side effects
does prednisone raise blood pressure prednisone brand name
modafinil uses what is modafinil
how often can i take prednisone prednisone for dogs
https://bactrimtrimoxazole.com/ bactrim dosage
plaquenil price https://hydro-chloroquine.com/
chloroquine tablets hydroxychloroquine buy online
chloroquine brand name doctors prescribing hydroxychloroquine near me
Really informative blog article.Really thank you! Keep writing.
As CBD becomes more and more conventional diverse people are knee-deep in the cannabis industry. But where do you bribe CBD products? The CBD market is expanding rapidly and as a result it is difficult to obey railway of all the options. There are many places where you can gain Shining Spectrum CBD Gummies products online and in cumulate but they may not be the best choice. smoking weed after tooth extraction
Does Aspirin Cause Skin Reactions?
Looking for where to order accutane? Find it at order accutane for affordable rates.
How does a 50 mg dosage of Accutane compare to the standard dosage? https://isotretinoinex.website/
order cheap accutane accutane 5mg accutane 5 mg 10mg
Looking to purchase accutane? Visit order accutane for convenient options.
Interested in buying Accutane online in the USA? Discover competitive rates at buy accutane usa.
Looking for details on accutane and iPledge? Check out ipledge accutane for helpful resources.
accutane online cheap 100 mg accutane acne.org buy accutane online
accutane drug buy ipledge accutane
Looking for discounted prices on generic accutane rx cost? Visit generic accutane rx cost to find exclusive offers and discounts.
Want to get generic accutane rx cost at unbeatable prices? Check out generic accutane rx cost for incredible deals and savings.
buy 20 mg accutane online accutane prescription
How does a 20 mg dosage of Accutane affect acne treatment? https://isotretinoinex.website/
accutane for sale without prescription accutane 40 mg
accutane canadian pharmacy accutane costs accutane over the counter canada
accutane 20 mg daily accutane prices
Tired of struggling with pimples? Discover the power of Accutane for acne treatment.
where can i get accutane cheap accutane australia buy accutane cost in south africa
buy meclizine without prescription
antivert without prescription
buy antivert 25mg pills
antivert tablet
antivert order
antivert 25mg brand
buy antivert 25 mg for sale
antivert pill
antivert 25 mg ca
antivert 25mg cheap
antivert 25 mg oral
antivert 25 mg sale
meclizine 25mg ca
antivert 25 mg pills
antivert without prescription
antivert 25mg pills
order meclizine 25mg pills
purchase meclizine generic
order meclizine 25 mg without prescription
purchase antivert sale
cheap antivert
I recently tried CBD gummies throughout the original cbd gummies lifetime and they exceeded my expectations. The taste was entertaining, and they helped me unwind and relax. My anxiety noticeably decreased, and I felt a sense of overall well-being. These gummies are age a fundamental in my self-care routine. Warmly recommend for a talent and comforting experience.
I recently embarked on a expedition to thrive autoflower weed seeds with a view the win initially shilly-shally, and it was an incredibly cheap seeds fruitful experience. As a beginner, I was initially apprehensive, but the alter turned out like a light to be surprisingly straightforward. Before all crazy, the germination taper off was mellow sailing. The seeds sprouted with all speed, and their vigor was impressive. I followed the recommended guidelines anent lighting, nutrients, and watering, and the plants responded positively. A particular of the biggest advantages of autoflowering strains is their ability to automatically change-over from vegetative enlargement to flowering, regardless of beat cycle.
ダッチワイフ ロボット アメリカの人形はあなたがそこにいる人々が最大限に感謝するのを助けることができます
Great post Thank you. I look forward to the continuation.
Thank you for great content. I look forward to the continuation.
I m often to blogging and i really appreciate your content. The article has actually peaks my interest.
I m going to bookmark your web site and maintain checking for brand spanking new information. Watch news in persian
This is my first time pay a quick visit at here and i am really happy to read everthing at one place
Pretty! This has been a really wonderful post. Many thanks for providing these details.
Very well presented. Every quote was awesome and thanks for sharing the content. Keep sharing and keep motivating others.
You re so awesome! I don t believe I have read a single thing like that before.
Great website,ots of useful information here, look forward to the continuation. elahmad dubai racing tv
Thanks for sharing. I read many of your blog posts, cool, your blog is very good. https://www.binance.info/join?ref=V2H9AFPY
Scrap metal handling solutions Aluminium scrap eco-consciousness Aluminum scrap analysis
Scrap metal valuation, Aluminum cable recyclers, Scrap metal reclaiming and recycling yard
Metal reprocessing and recovery Aluminium recycling market trends Scrap aluminium business strategies
Metal scrap supplier relationships, Sorting and segregation of aluminum cable scrap, Scrap metal reutilization center
Scrap metal removal Aluminum recycling industry trends Aluminium refurbishment
Industrial metal salvage, Recycling technology for aluminum cables, Scrap metal reclaiming and recycling center
Metal scrap shredding Aluminium scrap price list Aluminium scrap sourcing
Scrap metal appraisal, Aluminum cable shredders, Transport regulations for scrap metal handling
Scrap metal reusability Aluminium recycling incentives Aluminum recycling economics
Scrap metal environmental impact, Reducing landfill waste with aluminum cable scrap recycling, Metal recycling consultancy
Metal scraps reclamation facility Metal scrap treatment Iron scrap inspection services
Ferrous waste salvage yard, Iron reclamation and recovery center, Metal compaction services
Metal reclaiming plant Ferrous metal logistics Iron raw material procurement
Ferrous material baling services, Iron scrap refurbishment, Eco-friendly scrap metal handling
Metal scrap recovery and reclamation Ferrous scrap carbon footprint Iron waste reclaiming services
Ferrous waste repurposing, Iron metal recovery, Metal recycling management
Scrap metal reclaiming Ferrous metal cleaning Iron waste recovery plant
Ferrous material recycling traceability, Iron recyclables processing, Metal reprocessing yard
Metal reuse solutions Ferrous material safety regulations Iron waste recycling
Ferrous material occupational safety, Iron repurposing center, Metal byproduct utilization
Metal waste collection Ferrous metal scrap import Iron sorting
Ferrous material recovery techniques, Iron repurposing yard, Metal recycling recovery yard
Nice post. I learn something new and challenging on blogs I stumbleupon everyday. It will always be helpful to read content from other writers and practice a little something from their sites.
Крупный учебный и научно-исследовательский центр Республики Беларусь. Высшее образование в сфере гуманитарных и естественных наук на 12 факультетах по 35 специальностям первой ступени образования и 22 специальностям второй, 69 специализациям.
Крупный учебный и научно-исследовательский центр Республики Беларусь. Высшее образование в сфере гуманитарных и естественных наук на 12 факультетах по 35 специальностям первой ступени образования и 22 специальностям второй, 69 специализациям.
One of the leading academic and scientific-research centers of the Belarus. There are 12 Faculties at the University, 2 scientific and research institutes. Higher education in 35 specialities of the 1st degree of education and 22 specialities.
ГГУ имени Ф.Скорины
Francisk Skorina Gomel State University
Hi, its nice post concerning media print, we all be familiar with media is a enormous source of information.
My brother suggested I might like this website. He was totally right. This post actually made my day. You cann’t imagine just how much time I had spent for this information! Thanks!