{
    "success": true,
    "data": {
        "id": 1105620,
        "msgid": "american-greenback-likely-to-hold-gains-1447893297",
        "date": "2001-05-21 00:00:00",
        "title": "American greenback likely to hold gains",
        "author": null,
        "source": "DJ",
        "tags": null,
        "topic": null,
        "summary": "American greenback likely to hold gains NEW YORK (Dow Jones): The dollar emerged from a rangebound week Friday with renewed sway over the euro and the yen, shrugging off a rebound in monthly trade deficit that points to weaker first-quarter growth. This pattern is expected to continue into this week, as a slate of euro-zone data are forecast to show more weakness and U.S. data are light. But market watchers should pick up clues in the meantime that hint at trends to come.",
        "content": "<p>American greenback likely to hold gains<\/p>\n<p>NEW YORK (Dow Jones): The dollar emerged from a rangebound<br>\nweek Friday with renewed sway over the euro and the yen,<br>\nshrugging off a rebound in monthly trade deficit that points to<br>\nweaker first-quarter growth.<\/p>\n<p>This pattern is expected to continue into this week, as a<br>\nslate of euro-zone data are forecast to show more weakness and<br>\nU.S. data are light. But market watchers should pick up clues in<br>\nthe meantime that hint at trends to come.<\/p>\n<p>\"Markets are marooned right now, but there's a lot happening<br>\nthat could break one way or the other,\" said Tim Stewart,<br>\ncurrency analyst at Morgan Stanley in New York.<\/p>\n<p>In Asian trading, the dollar gained a full yen on the Bank of<br>\nJapan's decision to leave monetary policy unchanged but to expand<br>\nits market operation tools. This added to investors' concerns<br>\nover the likely pace of financial reform in Japan under the new<br>\ngovernment.<\/p>\n<p>Though he saw the move as \"purely technical,\" Stewart said<br>\nmany in the market think the BOJ move paves the way for<br>\n\"aggressive monetarization of debt,\" which would be yen-negative.<\/p>\n<p>The euro lost a half-cent in London trading as a major euro<br>\nsell order from a German name-- which had previously been seen as<br>\na buyer-- pushed the single currency through support at $0.8790.<\/p>\n<p>Market talk that Alcatel of France may buy Lucent also sparked<br>\nsome euro selling, traders said, as did soft euro-zone industrial<br>\nproduction figures.<\/p>\n<p>Late Friday, the euro was at $0.8798, down from $0.8812 in<br>\nLondon and from $0.8826 in New York late Thursday. The dollar was<br>\nat Y123.65, up from Y123.28 in London and from Y122.51 late<br>\nThursday in New York.<\/p>\n<p>Against the dollar, sterling traded at $1.4388, up from<br>\n$1.4322 late Thursday. Against the Swiss franc, the dollar traded<br>\nat 1.7440 francs, up from 1.7387 francs late Thursday.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/american-greenback-likely-to-hold-gains-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}