SYDNEY: The U.S. dollar was trying to keep a rare rally together on Monday as its longest losing streak in a decade left much of the market structurally short of the currency and vulnerable to a squeeze on any upbeat news.
The euro held at US$1.773 on Monday, having hit a two-year high of US$1.1915 last week, which now acts as major resistance. Support comes in around US$1.1755 and US$1.1694. The dollar was a little steadier on the yen at 105.89 , well above the recent low of 104.17 but facing stiff resistance at 106.46.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US dollar climbs after jobs data but logs seventh straight weekly fall[NEW YORK] The US dollar bounced on Friday after US job growth for July helped ease some investor worries on the US labour market, but the currency logged a seventh straight week of declines. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Basketball: Spurs keep playoff hopes alive, dispatch Pelicans(REUTERS) - DeMar DeRozan scored 27 points and the San Antonio Spurs kept their playoff hopes alive with a 122-113 victory over the New Orleans Pelicans on Sunday (Aug 9) afternoon near Orlando.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
The Big Read in short: Govt can’t keep extending lifelines to struggling firms. What happens when it stops?Each week, TODAY’s long-running Big Read series delves into trends and issues that matter. This week, we look at the potential problems posed by “zombie companies” amid efforts by governments around the world to support businesses hit by the pandemic. This is a shortened version of the full feature.
Source: TODAYonline - 🏆 1. / 99 Read more »
Air India Express plane crash toll in Kerala rises to 19; safety of short runways in questionThe plane, on a repatriation flight from Dubai, overshot the runway in heavy rain and crashed into a small gorge, splitting into two.. Read more at straitstimes.com. Dating for vacation without obligation with beautiful girls - https://clck.ru/QymFG 46**
Source: The Straits Times - 🏆 8. / 63 Read more »
Tens of thousands in fresh anti-Kremlin rallyTens of thousands of people took to the streets in Russia's Far East for a fifth consecutive weekend as anti-Kremlin rallies showed little sign of ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
'Your time is up': Thousands protest against Netanyahu over COVID-19 and alleged corruptionThousands of Israelis rallied outside Prime Minister Benjamin Netanyahu's residence in Jerusalem on Saturday as anger mounted over corruption ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »