Advertisement
Pound Falls Against Majors
(RTTNews) - The British pound weakened against other major currencies in the European session on Wednesday.
The pound fell to a 2-day low of 0.8375 against the euro, from an early 3-week high of 0.8333.
Against the yen and the U.S. dollar, the pound dropped to 2-day lows of 193.48 and 1.2887 from early highs of 194.79 and 1.2946, respectively.
The pound edged down to 1.1386 against the Swiss franc, from an early 5-day high of 1.1443.
If the pound extends its downtrend, it is likely to find support around 0.85 against the euro, 191.00 against the yen, 1.26 against the greenback and 1.12 against the franc.
read more
Pound Falls As U.K. Economy Contracts For Second Straight Month
The British pound weakened against other major currencies in the European session on Friday, as the UK economy shrank for the second consecutive month in May, adding challenges to Chancellor Rachel Reeves in achieving her self-imposed borrowing rules.
RTTNews
|
1 day ago
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
RTTNews
|
1 day ago
Yen Retreats Amid US-Japan Trade Uncertainty
The Japanese yen retreated from early highs against other major currencies in the European session on Friday, amid concerns on US-Japan relations in light of Trump's placement of a 25 percent tariff on Japanese exports this week, which will go into force on August 1.
RTTNews
|
1 day ago
Yen Retreats Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
RTTNews
|
1 day ago
U.S. Dollar Rises As Initial Jobless Claims Drop
The U.S. dollar advanced against its major counterparts in the New York session on Thursday, as initial jobless claims declined unexpectedly last week.
RTTNews
|
2 days ago
Commodity Currencies Rise Amid Renewed Tariff Concerns; USD Slide
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the early European session on Thursday, as traders are optimistic about an end to the tariff uncertainty after U.S. President Donald Trump made it clear that he will not extend the August 1 deadline for trade deals, though he gets aggressive with tariff imposition. They are also optimistic about a potential trade deal between the U.S. and the European Union.
RTTNews
|
2 days ago
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Thursday.
RTTNews
|
2 days ago
Swiss Franc Rises Against Most Majors
The Swiss franc rallied against its most major counterparts in the New York session on Wednesday.
RTTNews
|
3 days ago
