Industry
The dollar found support as concerns about compliance with COVID-19 cases and uncertainty over U.S. runoff elections in Georgia spurred demand for safer assets.
PHOTO FILE: U.S. dollars and other global currencies are lying in charity receivers at Pearson International Airport in Toronto, Ontario, Canada June 13, 2018. REUTERS / Chris Helgren / File Photo
TOKYO: The dollar has found support as concerns about compliance with COVID-19 issues and uncertainty over U.S. runoff elections in Georgia spur demand for safer assets.
The greenback maintained gains from overnight in early Asian trading on Tuesday after U.S. stocks returned from highs at the start of the new year.
British pressure came under pressure when Prime Minister Boris Johnson ordered a nationwide halt to attempting a swift-spreading coronavirus version.
Sterling remained unchanged at US $ 1.3572 early in the Asian session. It slipped 0.73per hundred Monday, the highest since Dec. 10, after rising earlier to US $ 1.3703, a level not seen since May 2018.
The dollar index was flat at 89.865 after rebounding Monday from a 2-1 / 2-year low of 89.415.
“The dollar will continue to trade with the general risk perception,” said Shinichiro Kadota, a senior currency expert at Barclays Capital in Tokyo.
The dollar has bought some gains amid a rise in COVID cases and ahead of major U.S. Senate elections, he said, but ultimately “a sense of positive risk should continue this year. , and with that dollar continuing to weaken against more risky currencies. “
How U.S. President Joe Biden’s agenda, including rewriting the tax code, boosting infrastructure inflation and spending, is heavily dependent on twin races. Tuesday Tuesday in the state of Georgia battle that decides to take control of the chamber.
The Japanese safe yen remained unchanged at 103.135 per dollar. It rose to 102.715 on Monday, the strongest level since March, as the Japanese prime minister said the government is considering a state of emergency for Tokyo amid an increase in coronavirus cases.
The euro was stable at US $ 1.22535 after reaching US $ 1.231 on Monday for the first time since April 2018.
Bitcoin traded at US $ 32,860 after a roller-coaster ride to start the new year which peaked at US $ 34,800 on Sunday, then plunged as low as US $ 27,734 the following session.
=================================================== ======
Cash offer prices at 9:45 am (045 GMT)
RIC Description Last US Close Pct Change YTD Pct Bid High Application Low
Previous change
Session
Euro / US Dollar $ 1.2254 US $ 1.2252 + 0.03per hundred + 0.30per hundred +1.2255 +1.2247
Dollar / Yen 103.1250 103.1750 -0.04per hundred -0.15per hundred +103.1750 +103.1350
Euro / Yen 126.37 126.33 + 0.03per ceud -0.43per ceud +126.4000 +126.3200
Dollar / Switzerland 0.8813 0.8812 + 0.03per hundred -0.36per hundred +0.8816 +0.8815
Sterling / Dollar 1.3572 1.3562 + 0.10per hundred -0.64per hundred +1.3577 +1.3562
Dollar / Canada 1.2778 1.2775 + 0.03per hundred + 0.35per hundred +1.2788 +1.2778
Aussie / Dollar 0.7669 0.7665 + 0.08per hundred -0.28per hundred +0.7672 +0.7661
NZ 0.7175 0.7175 + 0.06per hundred -0.03per hundred +0.7178 +0.7170
Dollars / Dollars
All spots
Spotan Tokyo
Europe spots
Vulnerability
Tokyo Forex market information from BOJ
(Reporting by Kevin Buckland; Editing by Sam Holmes)