The dollar rose against five of its six rival G-10 currencies Tuesday as investors worried that the Fed could raise rates prematurely, and that negotiations between Greece and its creditors could capsize.
The ICE U.S. Dollar Index DXY, +0.09% , a measure of the buck’s strength against a basket of six rival currencies, rose 1.1% to 98.62, as U.S. stocks plummeted, with the Dow Jones Industrial Average seeing its worst day since Oct. 9.
The euro EURUSD, -0.10% traded at $1.0700 Tuesday evening, a level not seen since April 2003. That compares with $1.0853 late Monday in New York.
The greenback traded at ¥121.13, after rising to ¥122.01 during the European trading day, its highest level against the Japanese yen USDJPY, +0.17% since July 2007. The dollar bought ¥121.15 late Monday.
Meanwhile, the dollar traded at $1.50 to the pound GBPUSD, +0.09% compared with $1.51 Monday; at 8.56 krona USDSEK, +0.14% to the dollar, compared with 8.49; at 0.9994 franc USDCHF, -0.07% to the dollar, versus 0.9864 and 78.79 cents to the Canadian dollar CADUSD, -0.02% , up from 79.21.
MARKET UPDATES :
- The Straits Times Index (STI) ended -6.31 points lower or -0.19% to 3398.26, taking the year-to-date perform- ance to +0.98%.
- The FTSE ST Mid Cap Index declined -0.28% while the FTSE ST Small Cap Index declined -0.31%. The top ac- tive stocks were SingTel (unchanged), DBS (-0.05%), Noble (-6.50%), UOB (-0.39%) and OCBC Bank (+0.39%).
- The outperforming sectors today were represented by the FTSE ST Health Care Index (+1.71%). The two big- gest stocks of the FTSE ST Health Care Index are Raffles Medical Group (+1.27%) and Biosensors International Group (+3.08%). The underperforming sector was the FTSE ST Basic Materials Index, which declined – 1.17% with Midas Holdings’s share price declining -3.13% and Geo Energy Resources’s share price unchanged.
- The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (-1.24%), IS MSCI India (-0.88%), ISHARES USD Asia HY Bond ETF (unchanged).
- The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (+1.22%), Capita- Mall Trust (-0.48%), ParkwayLife REIT (-1.25%).
- The most active index warrants by value today were HSI25000MBeCW150429 (-13.79%), HSI24400M- BeCW150429 (-12.10%), HSI23800MBePW150330 (+16.22%).
April natural gas NGJ15, -0.37% rose 5.4 cents, or 2%, to $2.732 per million British thermal units, with prices rebounding after suffering a 5.7% decline a day earlier.
Meanwhile, Nymex April gasoline RBJ5, +0.22% fell 5.6 cents, or 3%, to end at $1.818 a gallon. April heating oil HOJ5, +0.40% finished at $1.814 a gallon, down 2.6 cents, or 1.4%.
