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Pound Falls Against Most Majors
(RTTNews) - The pound weakened against its most major counterparts in the New York session on Wednesday.
The pound fell to a 2-day low of 1.3308 against the greenback, 6-day low of 189.99 against the yen and a 1-week low of 1.0952 against the franc.
The pound may test support around 1.27 against the greenback, 184.00 against the yen and 1.07 against the franc.
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Pound Advances Against Majors
The pound advanced against its major counterparts in the New York session on Tuesday.
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Swiss Franc Falls Against Majors
The Swiss franc weakened against other major currencies in the New York session on Tuesday.
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Yen Rises Amid Risk-off Mood
The Japanese yen strengthened against other major currencies in the European session on Tuesday, as European shares traded lower as trade tensions persisted, and investors looked ahead to the European Central Bank's policy meeting later in the week.
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Pound Drops On Tariff Concerns
The pound fell against its major counterparts in the New York session on Monday, amid rising trade tensions due to China and the U.S. accusing each other of violating trade agreement, and the Trump administration's announcement that it would double the tariffs on steel and aluminum imports to 50% from June 4th.
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U.S. Dollar Falls On Re-escalating US-China Trade Tensions
The U.S. dollar weakened against other major currencies in the European session on Monday, as U.S. President Donald Trump's decision to double tariffs on steel and aluminum imports along with rising Sino-U.S. tensions threatened to rekindle global trade tensions.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the European session on Monday.
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Pound Drops As Trade Tensions Renew
The pound fell against its major counterparts in the New York session on Friday, as trade tensions escalated after the U.S. President accused China of violating trade agreement reached earlier this month.
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Yen Rises On Strong Tokyo Core Inflation Data
The Japanese yen strengthened against other major currencies in the Asian session on Friday, as Tokyo's core inflation data came in stronger than expected, increasing the chances of the Bank of Japan's (BoJ) 25 basis point rate hike in July.
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