net_left Kdata adver left
Detail

Euro under pressure as inflation fears send investors to dollar haven

By Rae Wee and Alun John SINGAPORE/HONG KONG (Reuters) - The euro struggled to regain a footing on Thursday, having tumbled overnight against a resurgent U.S. dollar, which...
Euro under pressure as inflation fears send investors to dollar haven © Reuters. FILE PHOTO: Woman holds U.S. dollar banknotes in front of Euro banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration

By Rae Wee and Alun John

SINGAPORE/HONG KONG (Reuters) - The euro struggled to regain a footing on Thursday, having tumbled overnight against a resurgent U.S. dollar, which benefited from safe-haven demand on renewed worries about higher rates and a global recession.

The euro was at $1.044, after losing 0.75% on the dollar the day before, and heading for a monthly decline of 2.7%.

It also dropped to a fresh 7-1/2-year low versus the Swiss franc at 0.99663 francs, with the Alpine currency another beneficiary of safe-haven flows and also still basking in the afterglow of the Swiss National Bank's surprise rate cut two weeks ago.

Christopher Wong, senior FX strategist at Maybank, attributed the euro's fall against the dollar to the market moving away from riskier assets after "central bankers warned of lasting inflation and that they would prioritise combating (it), resulting in broad dollar rebound overnight."

A steady and aggressive global switch to tighter policy has stoked recession worries and shaken financial markets in recent months.

Speaking at the European Central Bank's annual conference in Sintra, Portugal, U.S. Federal Reserve Chair Jerome Powell said it was important to bring down inflation, even if it meant economic pain, with similar remarks from ECB President Christine Lagarde.

Lower German inflation figures also briefly weighed on the euro, said Ray Attrill head of FX strategy at National Australia Bank (OTC:NABZY), before "the market realised that there was some special factors there, it wasn't a genuine downside surprise."

"The bigger picture worry is what happens with energy supplies in the eurozone as we head towards the winter... We're quite cautious about the euro," Attrill added.

The dollar was also on the front foot against other majors, with sterling hunkered down at $1.21225, with losses this week leaving it set for a 3.8% monthly decline, while the Australian dollar was struggling at $0.6873.

The dollar also hit fresh a 24-year peak of 137 yen overnight, as the gap between a hawkish Fed and a dovish Bank of Japan continues to weigh heavily on the yen, which was last trading at 136.57 yen.

The BOJ is able to keep interest rates pinned down because Japanese inflation is still low by global standards, though even small price rises are causing a messaging problem for the central bank.

The dollar index, which measures the greenback against six peers, was at 105.19, a two week high.

Bitcoin, dipped back below the symbolic $20,000 level on persistent market ructions, and was also hurt by the U.S. Securities and Exchange rejecting a proposal to list a spot bitcoin exchange-traded fund by Grayscale, one of the world's biggest digital asset managers.

HOT AUTO TRADE BOT SOFTWARE adver right
APPROVED BROKERS
net_home_top HOT AUTO TRADE BOT SOFTWARE
28-03-2024 17:50:51 (UTC+7)

EUR/USD

1.0790

-0.0037 (-0.34%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (7)

EUR/USD

1.0790

-0.0037 (-0.34%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (7)

GBP/USD

1.2616

-0.0022 (-0.17%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (5)

Sell (2)

USD/JPY

151.38

+0.07 (+0.04%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (8)

AUD/USD

0.6492

-0.0041 (-0.63%)

Summary

Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (2)

Sell (5)

USD/CAD

1.3596

+0.0029 (+0.21%)

Summary

Neutral

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (7)

Sell (2)

EUR/JPY

163.30

-0.45 (-0.27%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (5)

EUR/CHF

0.9767

-0.0019 (-0.19%)

Summary

Neutral

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (0)

Sell (7)

Gold Futures

2,233.70

+21.00 (+0.95%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Silver Futures

24.817

+0.065 (+0.26%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (0)

Copper Futures

4.0047

+0.0047 (+0.12%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Crude Oil WTI Futures

82.14

+0.79 (+0.97%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Brent Oil Futures

86.08

+0.67 (+0.78%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Natural Gas Futures

1.692

-0.026 (-1.51%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (5)

Sell (1)

US Coffee C Futures

187.83

-2.82 (-1.48%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (9)

Euro Stoxx 50

5,100.65

+18.91 (+0.37%)

Summary

Neutral

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (1)

Sell (5)

S&P 500

5,248.49

+44.91 (+0.86%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

DAX

18,502.39

+27.33 (+0.15%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (3)

FTSE 100

7,956.76

+24.78 (+0.31%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (5)

Sell (2)

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

2,114.35

+44.19 (+2.13%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

IBEX 35

11,091.31

-19.99 (-0.18%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

BASF SE NA O.N.

53.050

-0.200 (-0.38%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (3)

Sell (3)

Bayer AG NA

28.43

0.00 (0.00%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (5)

Sell (1)

Allianz SE VNA O.N.

277.43

-0.02 (-0.01%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (7)

Sell (1)

Adidas AG

206.85

+2.15 (+1.05%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Deutsche Lufthansa AG

7.283

+0.106 (+1.48%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (8)

Siemens AG Class N

177.36

+0.44 (+0.25%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (5)

Sell (2)

Deutsche Bank AG

14.663

+0.050 (+0.34%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (7)

 EUR/USD1.0790Sell
 GBP/USD1.2616↑ Buy
 USD/JPY151.38↑ Sell
 AUD/USD0.6492Sell
 USD/CAD1.3596Neutral
 EUR/JPY163.30Sell
 EUR/CHF0.9767Neutral
 Gold2,233.70↑ Buy
 Silver24.817↑ Buy
 Copper4.0047↑ Buy
 Crude Oil WTI82.14↑ Buy
 Brent Oil86.08↑ Buy
 Natural Gas1.692Buy
 US Coffee C187.83↑ Sell
 Euro Stoxx 505,100.65Neutral
 S&P 5005,248.49↑ Buy
 DAX18,502.39Neutral
 FTSE 1007,956.76Buy
 Hang Seng16,541.42Neutral
 Small Cap 20002,114.35↑ Buy
 IBEX 3511,091.31↑ Buy
 BASF53.050Neutral
 Bayer28.43↑ Buy
 Allianz277.43↑ Buy
 Adidas206.85↑ Buy
 Lufthansa7.283↑ Sell
 Siemens AG177.36Buy
 Deutsche Bank AG14.663Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank7,880/ 8,050
(0/ 0) # 1,404
SJC HCM7,900/ 8,100
(10/ 10) # 1,453
SJC Hanoi7,900/ 8,102
(10/ 10) # 1,455
SJC Danang7,900/ 8,102
(10/ 10) # 1,455
SJC Nhatrang7,900/ 8,102
(10/ 10) # 1,455
SJC Cantho7,900/ 8,102
(10/ 10) # 1,455
Cập nhật 28-03-2024 17:50:54
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$2,210.96+19.940.91%
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$81.88+4.450.06%
Brent$85.97+4.330.05%
$ 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 17:47:23 28/03/2024
Xem bảng tỷ giá hối đoái
adver main right