Pound Falls Against Majors

RTTNews | 635 dias atrás
Pound Falls Against Majors

(RTTNews) - The British pound weakened against other major currencies in the pre-European session on Friday.

The pound fell to a 3-day low of 186.29 against the yen, from an early high of 187.15.

Against the euro, the U.S. dollar and the Swiss franc, the pound edged down to 0.8758, 1.2380 and 1.1005 from early highs of 0.8739, 1.2422 and 1.1038, respectively.

If the pound extends its downtrend, it is likely to find support around 183.00 against the yen, 0.88 against the euro, 1.21 against the greenback and 1.08 against the franc.

read more
U.S. Dollar Extends Fall Amid Fed Rate Cut Speculation

U.S. Dollar Extends Fall Amid Fed Rate Cut Speculation

The U.S. dollar continued to trade lower against other major currencies in the European session on Wednesday, as the U.S. Consumer Price Index data from July has raised expectations that the Fed would lower interest rates in September.
RTTNews | 7h 44min atrás
Yen Falls Amid BoJ Rate Hike Uncertainty, Risk-0n Mood

Yen Falls Amid BoJ Rate Hike Uncertainty, Risk-0n Mood

The Japanese yen weakened against other major currencies in the Asian session on Wednesday, as the uncertainty about the likely time of the Bank of Japan's (BoJ) next interest rate hike and the increasing risk-on mood by the investors keeps the safe haven JPY declining.
RTTNews | 11h 17min atrás
Pound Rises On Upbeat U.K. Employment Data

Pound Rises On Upbeat U.K. Employment Data

The British pound strengthened against other major currencies in the European session on Tuesday, following the release of the upbeat United Kingdom (UK) labor market data for the three-months ending June.
RTTNews | 1 dia atrás
Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Tuesday.
RTTNews | 1 dia atrás
Pound Jumps After BoE Rate Decision

Pound Jumps After BoE Rate Decision

The British pound strengthened against other major currencies in the European session on Thursday the Bank of England (BoE) reduced UK interest rates by a quarter point, making it the fifth reduction in a year, although almost half of its policymakers opted to maintain borrowing costs.
RTTNews | 6 dias atrás
Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Thursday.
RTTNews | 6 dias atrás