[Tue, 03 Sep 2024 22:01:07 +0300]

TOKYO September 3. 2024 (Saba) - The dollar stabilized near a two-week high against the yen and the euro on Tuesday, as investors awaited a series of US economic data that will influence the size of the expected interest rate cut.

Media reports today indicated that the dollar index, which measures the performance of the US currency against six major currencies, fell to 101.69 in early trading, slightly below the two-week high of 101.79 it reached yesterday.

The euro was last trading at $1.1060, not far from the two-week low of $1.1042 it touched in the previous session.

The yen fell to $147.10 in early trading, which is close to the two-week low of 147.16 it recorded yesterday.

The pound was down slightly at $1.31425, while the Australian dollar was down 0.14 percent at $0.6782.

Facebook

Whatsapp

Telegram

Email

Print

more of (Economy)

CBR reduces ruble exchange rate against major currencies Gold is on track for its best weekly performance in a year Dollar rises amid anticipation Fed decisions Gold continues gains for fourth consecutive session Dollar at lowest in week Gold continues to rise amid weak dollar, escalating geopolitical tensions Enemy Media says crisis of flights to "Israel" is ongoing, not close to being resolved Gold prices rise to one-week high as dollar slips Muscat Stock Exchange Index declines at close Gold prices rise globally after sharp decline last week