Advertisement
Pound Slides Against Majors
(RTTNews) - The British pound weakened against other major currencies in the early European session on Wednesday.
The pound fell to a 3-month low of 1.2441 against the U.S. dollar, from an early high of 1.2502.
Against the euro and the Swiss franc, the pound dropped to a 1-month low of 0.8630 and a 2-week low of 1.1098 from early highs of 0.8602 and 1.1142, respectively.
Moving away from an early 2-day high of 184.25 against the yen, the pound edged down to 183.20.
If the pound extends its downtrend, it is likely to find support around 1.23 against the greenback, 0.87 against the euro, 1.09 against the franc and 175.00 against the yen.
read more
Antipodean Currencies Slide Amid Risk-off Mood; Safe-haven CHF, JPY Rises
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Friday, amid heightening geopolitical tensions in the Middle East region after Israel launched a preemptive strike against Iran in a major escalation of the regional conflict. U.S. officials confirmed that the U.S. had no involvement or role in the operation. Tensions between the U.S. and Iran are also rising over the latter's nuclear developments.
RTTNews
|
1 hari yang lalu
Swiss Franc Advances Against Majors
The Swiss franc strengthened against other major currencies in the Asian session on Friday.
RTTNews
|
1 hari yang lalu
Yen Rises Against Most Majors
The Japanese yen strengthened against most major currencies in the Asian session on Friday.
RTTNews
|
1 hari yang lalu
U.S. Dollar Weakens After Soft PPI Data
The U.S. dollar dropped against its major counterparts in the New York session on Thursday, as soft producer inflation data for May raised hopes of a rate cut by the Federal Reserve.
RTTNews
|
1 hari yang lalu
Pound Slides On Weak U.K. GDP Data
The British pound weakened against other major currencies in the European session on Thursday, as U.K. economy shrank more than expected in April largely reflecting a fall in services output.
RTTNews
|
2 hari yang lalu
Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Thursday.
RTTNews
|
2 hari yang lalu
Commodity Currencies Slide Amid Rising Geopolitical Risks, Yen Rises
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against other major currencies in the Asian session on Thursday, as rising geopolitical tensions in the Middle East weighed on market sentiment.
RTTNews
|
2 hari yang lalu
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
RTTNews
|
2 hari yang lalu
