US Dollar Gains Slightly, Markets Await Results of White House Meeting on Ukraine

The Shiro Copr, JAKARTA – US Dollar The dollar weakened slightly against major currencies in Tuesday's (8/19/2025) trading, as global markets focused on the White House meeting with European countries, which is considered crucial for the future of the conflict. Ukraine .

Quoting Reuters, The dollar index rose 0.31% to 98.122, amid rising geopolitical tensions after US President Donald Trump promised Ukrainian President Volodymyr Zelensky that Washington would guarantee Kyiv's security in any peace agreement with Russia.

Independent market analyst Tina Teng said the market remains cautious, as market players consider the possible implications for the global energy market.

The US Dollar remains very strong against a number of major currencies, while sentiment Risk-on "still dominates the current market," he added, as quoted Reuters.

Euro was traded steadily at the level of US$1.1667, remaining in a narrow range over the last two weeks.

Investors are now awaiting the new direction from the annual Jackson Hole central bank symposium, where the Chairman The Fed Jerome Powell is scheduled to present economic outlooks as well as a monetary policy framework.

The limited economic data agenda on Tuesday, along with summer holidays in the northern hemisphere, has led to limited market catalysts.

However, unlike the traditional market, crypto assets have weakened. Bitcoin fell 0.3%, marking three consecutive days of decline after last week's record, while Ethereum dropped 0.6% after failing to break a new all-time high.

The US dollar was also traded steadily at 147.835 yen, approaching the monthly range peak. Japanese stock markets opened positively, with both the Nikkei 225 and Topix recording new all-time highs.

On the other hand, the Australian dollar rose 0.1% to US$0.6495, driven by a surge in the Westpac consumer confidence index to its highest level in three and a half years. The New Zealand dollar edged up to US$0.5924, while the British pound rose 0.1% to US$1.351 from last week's lowest level.

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