Home / Dollar firm vs Aussie, euro on heightened recession worries

Dollar firm vs Aussie, euro on heightened recession worries

 Dollar firm vs Aussie, euro on heightened recession worries

Australian dollars are seen in an illustration photo February 8, 2018. REUTERS/Daniel Munoz

Register now for FREE unlimited access to Reuters.com

SINGAPORE/TOKYO/HONG KONG, Aug 16 (Reuters) – The safe-haven U.S. dollar hovered near a one-week high on Tuesday while the Aussie, euro and Chinese yuan remained under pressure as weak global economic data regnited recession fears.

The dollar index , which measures the greenback against six major peers, held steady at 106.51, just below the previous session’s peak of 106.55, the strongest since Monday of last week.

The euro , the most heavily weighted currency in the dollar index, was little changed at $1.0158 after earlier dipping to the weakest since Aug. 5 at 1.0154.

Register now for FREE unlimited access to Reuters.com

Sterling was 0.1% down at $1.2040, the lowest since Aug. 5.

Against the yen , a much sought after haven currency, the dollar eased 0.09% to 133.19.

The global…

Read full article…www.reuters.com