rakuten left binance left net_left adver left
Detail

Dollar drifts as soft inflation raises taper timing questions

By Kevin Buckland TOKYO (Reuters) - The dollar drifted within recent ranges against major peers on Wednesday after softer-than-expected U.S. inflation raised doubts about a taper...
Dollar drifts as soft inflation raises taper timing questions © Reuters. FILE PHOTO: U.S. One dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021. REUTERS/Dado Ruvic/Illustration

By Kevin Buckland

TOKYO (Reuters) - The dollar drifted within recent ranges against major peers on Wednesday after softer-than-expected U.S. inflation raised doubts about a taper of Federal Reserve stimulus this year.

The dollar index stood at 92.632, little changed from Tuesday, when it dropped following the inflation data only to recover on haven demand as stocks slid on Wall Street.

The index has meandered between 92.3 and 92.9 over the past week as several Fed officials have suggested the U.S. central bank could reduce its buying of debt securities by the end of the year, even after a much-weaker-than-expected payrolls report at the start of the month.

While elevated inflation has kept pressure on policymakers, data overnight showed the U.S. consumer price index, excluding the volatile food and energy components, edged up just 0.1% last month.

The Fed holds a two-day monetary policy meeting next week, with investors keen to find out whether a tapering announcement will be made.

Tapering tends to benefit the dollar as it suggests the Fed is one step closer toward tighter monetary policy. It also means the central bank will be buying fewer debt assets, effectively reducing the number of dollars in circulation.

"The softer print eases concerns over an imminent acceleration in prices and should nullify any lingering pressure on the Fed to taper in September," Rodrigo Catril, a senior currency strategist at National Australia Bank (OTC:NABZY), wrote in a client note.

"But a taper this year still looks like a good bet with November or December now looking more likely."

Even so, NAB predicts that the focus of global growth is shifting away from the United States, pushing the currency down to $1.23 versus the euro by year-end.

One euro bought $1.1808 on Wednesday, mostly flat from the previous session.

European Central Bank Chief Economist Philip Lane speaks at the IMFS webinar later in the global day.

The dollar slipped slightly to 109.595 yen, keeping close to the centre of the trading range of the past two months.

The U.S. currency edged higher against its antipodean rivals though, adding 0.1% to $0.7316 per Aussie and rising about the same margin to $0.7088 to New Zealand's kiwi.

Commonwealth Bank of Australia (OTC:CMWAY) is more bullish on the dollar's prospects, predicting that accelerating employment costs in the United States will keep consumer prices elevated.

"Above‑target inflation will prove more persistent than the FOMC expects," Carol Kong, a strategist at CBA, wrote in a report.

"The implication is the FOMC will likely need to raise the Funds rate by more than what markets are currently expecting, which could support the USD down the track."

========================================================

Currency bid prices at 0116 GMT

Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid

Previous Change

Session

Euro/Dollar

$1.1808 $1.1806 +0.02% -3.36% +1.1808 +1.1801

Dollar/Yen

109.5950 109.6750 -0.06% +6.12% +109.7350 +109.5550

Euro/Yen

129.40 129.48 -0.06% +1.95% +129.5300 +129.3400

Dollar/Swiss

0.9199 0.9201 -0.02% +3.98% +0.9203 +0.9199

Sterling/Dollar

1.3806 1.3808 -0.02% +1.05% +1.3812 +1.3801

Dollar/Canadian

1.2690 1.2693 -0.01% -0.34% +1.2700 +1.2688

Aussie/Dollar

0.7316 0.7323 -0.10% -4.90% +0.7322 +0.7312

NZ

Dollar/Dollar 0.7088 0.7098 -0.10% -1.26% +0.7099 +0.7086

All spots

Tokyo spots

Europe spots

Volatilities

Tokyo Forex market info from BOJ

ig right nyse right Neteller adver right
APPROVED BROKERS
Row 1 Left net_home_top Row 1 Right Row 2 Left Row 2 Center Row 2 Right Main Right TOP 07 Main Right TOP 06 Main Right TOP 05 Main Right TOP 04 Main Right TOP 03 Main Right TOP 01
21-09-2021 05:47:04 (UTC+7)

EUR/USD

1.1729

+0.0004 (+0.03%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (2)

Sell (5)

EUR/USD

1.1729

+0.0004 (+0.03%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (2)

Sell (5)

GBP/USD

1.3664

+0.0006 (+0.05%)

Summary

Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (5)

Sell (2)

USD/JPY

109.42

+0.03 (+0.03%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (2)

AUD/USD

0.7258

+0.0008 (+0.12%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (4)

Sell (0)

USD/CAD

1.2813

-0.0012 (-0.09%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (6)

Sell (1)

EUR/JPY

128.33

+0.07 (+0.05%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (0)

EUR/CHF

1.0885

+0.0009 (+0.08%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (1)

Gold Futures

1,765.05

+0.25 (+0.01%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (7)

Sell (1)

Silver Futures

22.267

+0.020 (+0.09%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Copper Futures

4.1322

+0.0072 (+0.17%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (7)

Crude Oil WTI Futures

70.55

+0.21 (+0.30%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (5)

Sell (4)

Brent Oil Futures

74.24

+0.18 (+0.24%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (8)

Sell (1)

Natural Gas Futures

4.934

-0.023 (-0.46%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

US Coffee C Futures

182.30

-4.10 (-2.20%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Euro Stoxx 50

4,043.63

-87.21 (-2.11%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (8)

S&P 500

4,357.73

-75.26 (-1.70%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (9)

Sell (1)

DAX

15,132.06

-358.11 (-2.31%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (3)

Sell (2)

FTSE 100

6,903.91

-59.73 (-0.86%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (3)

Hang Seng

24,099.14

-821.62 (-3.30%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

US Small Cap 2000

2,178.78

-58.09 (-2.60%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (6)

Sell (1)

IBEX 35

8,655.40

-105.50 (-1.20%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (9)

BASF SE NA O.N.

61.660

-1.425 (-2.26%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Bayer AG NA

45.23

+0.16 (+0.36%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (10)

Allianz SE VNA O.N.

183.86

-6.37 (-3.35%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (5)

Sell (4)

Adidas AG

280.52

-1.08 (-0.38%)

Summary

Neutral

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (2)

Sell (6)

Deutsche Lufthansa AG

8.664

+0.454 (+5.53%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (5)

Sell (3)

Siemens AG Class N

142.26

-6.50 (-4.37%)

Summary

Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (5)

Deutsche Bank AG

10.230

-0.850 (-7.67%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (5)

 EUR/USD1.1729Sell
 GBP/USD1.3664Buy
 USD/JPY109.42↑ Buy
 AUD/USD0.7258Buy
 USD/CAD1.2813↑ Buy
 EUR/JPY128.33↑ Buy
 EUR/CHF1.0885↑ Buy
 Gold1,765.05↑ Buy
 Silver22.267↑ Buy
 Copper4.1322Sell
 Crude Oil WTI70.55↑ Buy
 Brent Oil74.24↑ Buy
 Natural Gas4.934↑ Sell
 US Coffee C182.30↑ Sell
 Euro Stoxx 504,043.63↑ Sell
 S&P 5004,357.73↑ Buy
 DAX15,132.06↑ Buy
 FTSE 1006,903.91Neutral
 Hang Seng24,099.14↑ Buy
 Small Cap 20002,178.78↑ Buy
 IBEX 358,655.40↑ Sell
 BASF61.660↑ Buy
 Bayer45.23↑ Sell
 Allianz183.86↑ Buy
 Adidas280.52Neutral
 Lufthansa8.664Neutral
 Siemens AG142.26Sell
 Deutsche Bank AG10.230↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank5,650/ 5,700
(0/ 0) # 856
SJC HCM5,615/ 5,680
(0/ 0) # 836
SJC Hanoi5,615/ 5,682
(0/ 0) # 838
SJC Danang5,615/ 5,682
(0/ 0) # 838
SJC Nhatrang5,615/ 5,682
(0/ 0) # 838
SJC Cantho5,615/ 5,682
(0/ 0) # 838
Cập nhật 21-09-2021 05:47:05
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,764.40+10.20.58%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-IV2149021910
RON 95-II,III2139021810
E5 RON 92-II2014020540
DO 0.05S1602016340
DO 0,001S-V1637016690
Dầu hỏa1508015380
ↂ Giá dầu thô thế giới
WTI$70.47+11.40%
Brent$73.48+0.951.28%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.645,0022.875,00
EUR25.997,5927.350,60
GBP30.426,3531.697,56
JPY202,06213,76
KRW16,5320,13
Cập nhật lúc 18:51:42 20/09/2021
Xem bảng tỷ giá hối đoái
binance main right Fxpro aetos main right adver main right