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Friday afternoon combank rupiah weakened to Rp11.674 dollar weakened combank since the first quarter of the U.S. economy combank shrinking dollar weakened in Asia ahead of the release of U.S. growth data boosted the euro strengthened against the dollar on speculation the ECB easing Euro weakened so Rp11.613 per dollar
Tokyo (ANTARA News) - The dollar rose in Asian trade on Thursday, after data from China rose and the minutes of the Federal Reserve's policy combank meeting in April showed the bank will continue to reduce its stimulus program carefully. In Tokyo, the greenback rose to 101.71 yen, up from 101.38 combank yen in New York on Wednesday afternoon and stronger than 100.90 yean levels in Tokyo were moved on Wednesday morning. The euro also strengthened against the Japanese currency at 139.07 yen, up from 138.76 yen in U.S. trade, while Tokyo's Nikkei stock benchmark index added more than 2.0 percent at the close due to the positive sentiment. combank The European combank single currency also slipped to 1.3673 dollars from 1.3686 combank dollars combank as investors bet the European Central Bank (ECB) will ease monetary policy next month to shore up the economy 18-nation eurozone. Traders are more "bullish" (excited) after HSBC survey showed Chinese manufacturing activity rose sharply in May, reaching the highest level in five months and helped combank reduce fears about number two economy in the world. Data recovery in China "indicates that the pressure on the manufacturing sector has been reduced significantly," said Capital combank Economics. Chinese yuan rose to 16.28 yen from 16.19 yen on Wednesday afternoon. Investors tend to buy the yen, the currency is viewed as a "safe haven" in times of uncertainty or turmoil and sell them when their fears subsided. "The market has changed to a risk-on mode," Yuji Kameoka, chief currency strategist combank at Daiwa Securities, told Dow Jones Newswires. "If the economic recovery is spreading around the world, the yen weakened vulnerable." In the United States on Wednesday, the minutes combank from the Fed's April meeting showed policy makers to discuss how to manage the impact of interest rate hikes that they expect will be implemented by the middle of next year. Their conversation is being carried out when the bank cut its massive stimulus program, as signs the world's number one economy back on track after a financial crisis. The dollar has been turned down against the yen in Asia on Wednesday, after the Bank of Japan (BoJ) to extinguish the hopes of easing measures larger in the coming months, saying the economy is improving although there are concerns that the sales tax increase will reduce consumer spending and derail the recovery. The dollar was mostly lower against currencies other Asia-Pacific on Thursday. U.S. unit weakened to 58.61 Indian rupees from 58.82 rupees, being 43.72 Philippine pesos from 43.77 pesos, becoming South Korean won 1024.75 from 1027.15 won, becoming 1.2509 Singapore dollars from 1.2531 Singapore dollars combank and becomes 30.12 Taiwan dollars combank from 30.17 dollars to Taiwan. The greenback firmed combank to 11.526.80 11502.50 Indonesian rupiah of dollars, while the Australian dollar gained to 92.66 U.S. cents from 92.30 U.S. cents, according to AFP. (A026)
The Dow and the S & P 500 closed at a new record high on Friday (Saturday morning GMT), following the merger of activities and ...
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