net_left Kdata adver left
Detail

Dollar eases as traders see wiggle room in Fed's hike path

By Tom Westbrook SINGAPORE (Reuters) - The dollar eased slightly from a one-month high on Thursday, after the Federal Reserve set the stage for rate hikes next year but left...
Dollar eases as traders see wiggle room in Fed's hike path © Reuters. FILE PHOTO: Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo

By Tom Westbrook

SINGAPORE (Reuters) - The dollar eased slightly from a one-month high on Thursday, after the Federal Reserve set the stage for rate hikes next year but left enough breathing room to slow things down if necessary, while sterling traded firmly ahead of a Bank of England meeting.

In an Asia session thinned by a holiday in Japan, the euro bounced a bit to $1.1705, scraping off a one-month low. Sterling was up 0.1% to $1.3643 as investors weighed the risk of a hawkish surprise from the central bank.

Other moves were pretty modest, with the greenback staying near multi-week highs against the Australian and New Zealand dollars and holding onto gains made against the yen in the wake of the Fed meeting. It bought 109.80 yen.

The Fed left policy settings unchanged on Wednesday and, as expected, did not announce the beginning of asset purchase tapering. But chair Jerome Powell flagged that it was not far off, perhaps as near as November, and said board members thought tapering could conclude around mid-2022 - opening the way for rate hikes after that.

As well as helping the dollar, the U.S. yield curve flattened and Fed funds futures markets moved to price a 50% chance of a hike in October and to fully price a 25 basis point rate hike in December after his comments.

"Powell didn't give any specifics about the start of the taper, he said there was broad agreement in the end of taper, one which 'concludes around the middle of next year,'" said John Briggs, strategist at NatWest Markets.

"This is in our view more important than when the taper starts, as it starts the clock on when the next hike may occur."

As the dollar retreated slightly in Asia, its index slipped from a one-month high of 92.526 to 92.369 as traders took profit and figured there were a few caveats in Powell's remarks.

Powell said tapering would not carry a "direct signal" on the rates outlook, even though median projections from Fed members showed liftoff in 2022.

The Bank of England's monetary policy committee meets later on Thursday, with traders expecting it to keep rates steady but wary of more members joining Michael Saunders, an external member of the panel, by pressing for tapering due to inflationary pressures.

China Evergrande's struggles to avoid defaulting also kept investors on edge. China's second largest property developer settled with bondholders over a domestic coupon payment, but still has to settle $83.5 million in interest on an offshore bond due on Thursday.

The risk-sensitive Aussie was flat at $0.7243 by afternoon, and the kiwi was steady at $0.7006. [AUD/]

Norges Bank also meets on Thursday and is widely expected to deliver the first hike among G10 central banks. The Norwegian Crown was a touch firmer at 8.6486 per dollar.

HOT AUTO TRADE BOT SOFTWARE adver right
APPROVED BROKERS
net_home_top HOT AUTO TRADE BOT SOFTWARE
29-03-2024 03:34:47 (UTC+7)

EUR/USD

1.0788

-0.0038 (-0.35%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (1)

EUR/USD

1.0788

-0.0038 (-0.35%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (1)

GBP/USD

1.2623

-0.0015 (-0.12%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (9)

Sell (0)

USD/JPY

151.40

+0.07 (+0.05%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (7)

AUD/USD

0.6515

-0.0018 (-0.27%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (9)

Sell (0)

USD/CAD

1.3544

-0.0023 (-0.17%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (7)

EUR/JPY

163.26

-0.49 (-0.30%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (4)

EUR/CHF

0.9727

-0.0059 (-0.60%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (2)

Sell (7)

Gold Futures

2,242.00

+29.30 (+1.32%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (2)

Silver Futures

24.983

+0.231 (+0.93%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (1)

Sell (9)

Copper Futures

4.0083

+0.0083 (+0.21%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (5)

Sell (1)

Crude Oil WTI Futures

83.04

+1.69 (+2.08%)

Summary

Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (5)

Sell (1)

Brent Oil Futures

86.86

+1.45 (+1.70%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (7)

Natural Gas Futures

1.751

+0.033 (+1.92%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (4)

US Coffee C Futures

188.53

-2.12 (-1.11%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Euro Stoxx 50

5,082.85

+1.11 (+0.02%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (6)

S&P 500

5,254.35

+5.86 (+0.11%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (3)

Sell (8)

DAX

18,504.51

+27.42 (+0.15%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

FTSE 100

7,952.62

+20.64 (+0.26%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

Hang Seng

16,541.42

+148.58 (+0.91%)

Summary

Neutral

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (3)

Sell (1)

US Small Cap 2000

2,120.15

+5.80 (+0.27%)

Summary

Neutral

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (5)

Sell (4)

IBEX 35

11,074.60

-36.70 (-0.33%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (5)

BASF SE NA O.N.

52.930

-0.320 (-0.60%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (6)

Sell (1)

Bayer AG NA

28.43

+0.01 (+0.04%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (7)

Sell (1)

Allianz SE VNA O.N.

277.80

+0.35 (+0.13%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Adidas AG

207.00

+2.30 (+1.12%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (0)

Deutsche Lufthansa AG

7.281

+0.104 (+1.45%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (6)

Siemens AG Class N

176.96

+0.04 (+0.02%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

Deutsche Bank AG

14.582

-0.030 (-0.21%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (1)

 EUR/USD1.0788↑ Buy
 GBP/USD1.2623↑ Buy
 USD/JPY151.40↑ Sell
 AUD/USD0.6515↑ Sell
 USD/CAD1.3544↑ Sell
 EUR/JPY163.26↑ Sell
 EUR/CHF0.9727↑ Sell
 Gold2,242.00↑ Buy
 Silver24.983Neutral
 Copper4.0083Buy
 Crude Oil WTI83.04Buy
 Brent Oil86.86↑ Sell
 Natural Gas1.751Neutral
 US Coffee C188.53↑ Sell
 Euro Stoxx 505,082.85↑ Sell
 S&P 5005,254.35↑ Sell
 DAX18,504.51↑ Buy
 FTSE 1007,952.62↑ Sell
 Hang Seng16,541.42Neutral
 Small Cap 20002,120.15Neutral
 IBEX 3511,074.60↑ Sell
 BASF52.930↑ Buy
 Bayer28.43Buy
 Allianz277.80↑ Buy
 Adidas207.00↑ Buy
 Lufthansa7.281↑ Sell
 Siemens AG176.96↑ Buy
 Deutsche Bank AG14.582↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank7,880/ 8,050
(0/ 0) # 1,398
SJC HCM7,900/ 8,100
(0/ 0) # 1,450
SJC Hanoi7,900/ 8,102
(0/ 0) # 1,452
SJC Danang7,900/ 8,102
(0/ 0) # 1,452
SJC Nhatrang7,900/ 8,102
(0/ 0) # 1,452
SJC Cantho7,900/ 8,102
(0/ 0) # 1,452
Cập nhật 29-03-2024 03:34:49
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$2,219.87+28.851.32%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V24.69025.180
RON 95-III24.28024.760
E5 RON 92-II23.21023.670
DO 0.05S21.01021.430
DO 0,001S-V21.64022.070
Dầu hỏa 2-K21.26021.680
ↂ Giá dầu thô thế giới
WTI$82.74+5.30.07%
Brent$86.76+5.120.06%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD24.580,0024.950,00
EUR26.018,3427.446,04
GBP30.390,9531.684,00
JPY158,69167,96
KRW15,8419,20
Cập nhật lúc 18:53:18 28/03/2024
Xem bảng tỷ giá hối đoái
adver main right