Dollar holds as investor confidence rebounds

2020-02-13 20:48:49 GMT (Economies.com)
Dollar holds as investor confidence rebounds

The US dollar steadied against most of its major counterparts today, as investor confidence in global markets started to return, to shrug off the latest developments of the coronavirus health crisis.

 

The Chinese government revealed today that the virus death toll rose to over 1360 victims, and infected about 60,000 people.

 

Data showed today that the US consumer price index reading rose by 0.1% during January, a little short of expectations of 0.2%.

 

While the initial jobless claims in the US increased in the past week by 2000 to a total of 205,000.

 

The US Senate today voted by a majority to pass a resolution limiting the powers of President Donald Trump to take military action against Iran, which comes after the president ordered an airstrike that killed the Iranian general, Qassem Soleimani, in Iraq.

 

The dollar index held at 99.1 points as of 19:45 GMT, after hitting a day high of 99.1 and a low of 98.8.

 
 
 
  Symbol Last Change Chg.%
1.1834
0.0068
0.5805%
1.3097
0.0026
0.1978%
Tadawul
7704.25
49.87
0.65%
26.422
-2.126
7.447%
41.965
-0.020
0.048%
44.78
-0.17
0.38%
1940.040
-95.355
4.685%
 
 
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