Afshin Sazegar | US dollar hardly moved - traders remain cautious about the Middle East crisis.


Afshin Sazegar | US dollar hardly moved - traders remain cautious about the Middle East crisis.

Afshin Sazegar | The US dollar was almost unchanged in Asia on Tuesday as traders remained cautious given the situation in the Middle East.


The US dollar index, which tracks the American currency against a basket of other currencies, was up 0.01% to 96.360 at 05:42 CET.



The ISM purchasing manager index from the US service sector will appear. There are also data on factory orders and the trade balance.


On Monday, data showed that US manufacturing was stronger in December than it had been in more than a decade. Order volume almost plummeted to an 11-year low, and factory employment declined for the fifth consecutive month.


Washington and Beijing are expected to sign the first deal on the Sino-US trade front on January 15.


In the meantime, the yen gained in value on Monday due to increasing geopolitical tensions, but lost momentum today and fell 0.1% against the US dollar.


The USD / CNY declined 0.3% to 6.9553. China will release new inflation data on consumer and producer prices on Thursday.


The AUD / USD rate fell 0.2% to 0.6929, while the NZD / USD rate remained unchanged at 0.6669.


Afshin Sazegar

Link

Tel: USA          +1 323-616-1045   

UK            +44 772-357-7272  

Whatsapp  +358-413-652075

  • Facebook

Design by: AtlantisFX