The following data were published:
00:30 Australia RBA Meeting's Minutes (Nov)
05:00 Japan Leading Economic Index (Sep) 100.9 89,2 89,2
05:00 Japan Coincident Index (Sep) 89.4 100,8 100,8
The dollar rose against the euro and the yen on speculation overseas
investors bought more of the safest U.S. assets as the global economy
entered a recession.
The Dollar Index, a measure of the greenback against a basket of
currencies of six trading partners, approached a two- year high before
the Treasury releases data today that will probably show investors
almost doubled holdings of the nation's securities in September. The
Australian dollar declined after the country's central bank said it
favored lower borrowing costs.
Overseas investors bought a net $27.2 billion of U.S. assets in
September, from $14 billion in August, according to a Bloomberg News
survey of economists. The Treasury will release the report at 1400 GMT
today.
EUR/USD found the base around $1.2600 having posted earlier high at $1.2665.