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Dollar eases from 9-1/2 month high


০২ ডিসেম্বর ২০১৬ শুক্রবার, ০৭:২৮  পিএম

শেয়ার বিজনেস24.কম


Dollar eases from 9-1/2 month high

The dollar eased from a 9-1/2 month high against the yen on Friday, with investors cautious ahead of a looming US jobs report that could set the market`s tone in coming days.

The greenback was poised to end lower against a basket of currencies this week during which it gave up some of its recent robust gains.

The dollar index sagged 0.2 per cent to 100.86, and was down 0.6 per cent for the week.

The dollar index had hit a 13-1/2-year high of 102.05 last week.

The greenback fell 0.1 per cent against the yen to 114.02 yen, having slipped to 113.58 yen earlier on Friday.

On Thursday, the dollar had risen to 114.83 yen, recording a gain of 13.5 per cent from its Nov. 9 trough near 101 yen.

The next catalyst could come from US jobs data due later on Friday. Economists polled by Reuters expect that US employers added 175,000 jobs in November.

The euro inched up 0.1 per cent to $1.0670, having gained 0.9 per cent so far this week.

The euro`s one-week implied volatility against the dollar has risen for five straight days and climbed to 17.97 per cent on Friday, its highest since the Brexit vote in June.

The pound rose 0.2 per cent to $1.2610, having gained 0.7 per cent on Thursday when it touched a 2-month high of $1.2696, according to a news agency report.

শেয়ারবিজনেস24.কম এ প্রকাশিত/প্রচারিত সংবাদ, তথ্য, ছবি, ভিডিওচিত্র, অডিও কনটেন্ট বিনা অনুমতিতে ব্যবহার বেআইনি।

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