The dollar hobbled near a three-year trough against a currency basket on Tuesday, undermined by loose U.S. monetary policy, but analysts said it's fall was looking overextended due to extreme short positioning.
The dollar slipped to a record low against the Swiss franc at Chf0.8619 in early trade, slipping under Friday's low of Chf0.8626.
"It's very much a case of buying the dips in euro/dollar at these levels. Rate hike expectations are anchoring the euro," said Chris Walker, currency strategist at UBS.
The single currency hit a 17-month high of $1.4903 on Monday.
Sterling fell to its lowest level since March 2010 against the euro after a survey of UK manufacturing came in below market expectations.
"Core UK data has begun to disappoint to the downside. It seems like all bets are off for a UK rate hike until year-end," said Walker at UBS.
The Canadian dollar staged a brief relief rally as Canada's ruling Conservatives won a crushing victory in the federal election. Provisional results showed the Conservatives had 166 seats in Parliament, well above the 155 they needed to transform their minority government into a majority.
The Australian dollar dipped after Australia's central bank kept interest rates unchanged at 4.75% as expected. The Reserve Bank of Australia said underlying inflation looked to have bottomed and would increase somewhat as the economy strengthened, sounding a little less hawkish than some analysts had expected.
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.