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Yen Rises Against Majors
(RTTNews) - The Japanese yen strengthened against other major currencies in the European session on Monday.
The yen rose to a 6-week high of 156.58 against the euro and a 10-day high of 145.91 against the U.S. dollar, from early lows of 157.70 and 147.14, respectively.
Against the pound and the Swiss franc, the yen advanced to 1-month highs of 182.69 and 163.84 from early lows of 183.78 and 164.95, respectively.
If the yen extends its uptrend, it is likely to find resistance around 151.00 against the euro, 142.00 against the greenback, 176.00 against the pound and 158.00 against the franc.
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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.
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Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Thursday.
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Euro Rises Amid Trump's Tariff Implementations
The euro strengthened against other major currencies in the European session on Thursday, as European shares rallied following the implementation of Trump's extensive "reciprocal" tariffs, which include a blanket 15% tax on exports from the EU.
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Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Thursday.
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Euro Rises As European Shares Traded Higher
The euro strengthened against other major currencies in the European session on Wednesday, as European shares traded higher despite weak factory orders data from Germany and fresh tariff threats from U.S. President Donald Trump on pharma and chips. Some upbeat earnings announcements and expectations of a Fed interest rate cut next month appear to be aiding sentiment.
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Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Wednesday.
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Pound Rises As Traders Await BoE Monetary Policy Meeting
The British pound strengthened against other major currencies in the European session on Tuesday, as traders shift their focus to the Bank of England's (BoE) monetary policy announcement on Thursday.
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Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Tuesday.
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