Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Forex - Dollar slightly weaker in Asia as Korea tensions eyed

Published 04/24/2017, 07:35 PM
Updated 04/24/2017, 07:36 PM
© Reuters.  Dolalr weaker in Asia

Investing.com - The dollar traded slightly weaker in early Asia on Tuesday as investors keep a close eye on developments on the Korean peninsula as the USS Carl Vinson aircraft carrier-led battle group heads to the Sea of Japan.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was last quoted down 0.04% to 99.057. USD/JPY changed hands at 109.78, up 0.01%, while AUD/USD traded at 0.7565, down 0.07%. EUR/USD fell 0.02% to 1.0865.

Japan reports the corporate services price index with an expected gain of 0.8% year-on-year for March. Markets in Australia and New Zealand are shut for ANZAC day.

Overnight, the euro eased from a 5-1/2 month high against the dollar on Monday, but remained close to session highs, as investors poured into the single currency, after the outcome of the first round of the French presidential election matched expectations.

Centrist candidate Emmanuel Macron garnered 23.8% of the vote while far-right candidate Marine Le Pen garnered 21.7%.

EUR/USD rose more than 1% as investors assumed Emmanuel Macron will beat anti-EU Marine Le Pen in the race for the French presidency, after polls indicated a victory for Mr Macron in the run-off vote, scheduled for May 7.

Latest comments

how
+989919686843 give helping hand
Hi
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.