Advertisement
Singapore markets close in 2 hours 34 minutes

  • Straits Times Index

    3,301.16
    +28.44 (+0.87%)
     

  • Nikkei

    38,460.08
    +907.92 (+2.42%)
     

  • Hang Seng

    17,154.65
    +325.72 (+1.94%)
     

  • FTSE 100

    8,044.81
    +20.94 (+0.26%)
     

  • Bitcoin USD

    66,648.33
    +67.73 (+0.10%)
     

  • CMC Crypto 200

    1,414.91
    -9.19 (-0.65%)
     

  • S&P 500

    5,070.55
    +59.95 (+1.20%)
     

  • Dow

    38,503.69
    +263.71 (+0.69%)
     

  • Nasdaq

    15,696.64
    +245.33 (+1.59%)
     

  • Gold

    2,341.50
    -0.60 (-0.03%)
     

  • Crude Oil

    83.51
    +0.15 (+0.18%)
     

  • 10-Yr Bond

    4.5980
    -0.0520 (-1.12%)
     

  • FTSE Bursa Malaysia

    1,568.59
    +6.95 (+0.45%)
     

  • Jakarta Composite Index

    7,168.54
    +57.73 (+0.81%)
     

  • PSE Index

    6,582.87
    +76.07 (+1.17%)
     

Dollar rises after US consumer confidence uptick

AFP

The dollar on Tuesday continued rising against major currencies following a gain in US consumer confidence.

Markets were also anticipating Friday's release of official US figures on monthly job creation, which could help determine the timing of the next rise in US interest rates.

Towards 2100 GMT, the euro was at $1.1143, down from $1.1187 on Monday while the dollar stood at 103.02 yen, up from 101.88.

The pound fell to $1.3076, down from $1.3105.

"The dollar kind of regained momentum today," said Vassili Serebriakov of Credit Agricole.

The Conference Board reported Tuesday that its index of consumer confidence this month had seen reached its highest point in almost a year, standing at 101.1, up from 96.7 in July, on optimism about future jobs and income generation.

"The US numbers probably helped today. Consumer confidence was the strongest since 2015," Serebriakov told AFP. "It's all on the dollar side for the euro-dollar."

2100 GMT Tuesday Monday