Pound Falls Against U.S. Dollar, Euro

RTTNews | 60 days ago
Pound Falls Against U.S. Dollar, Euro

(RTTNews) - The pound dropped against the U.S. dollar and the euro in the New York session on Wednesday.

The pound edged down to 1.3269 against the greenback, from an early 1-week high of 1.3359.

The pound eased against the euro and was trading at 0.8426. This may be compared to an early 2-day low of 0.8436.

The currency may find support around 1.28 against the greenback and 0.86 against the euro.

read more
Pound Falls As U.K. Economy Contracts For Second Straight Month

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 | 2 days ago
Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Friday.
RTTNews | 2 days ago
Commodity Currencies Rise Amid Renewed Tariff Concerns; USD Slide

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 | 3 days ago
U.S. Dollar Higher As Trump Delays Tariff Deadline

U.S. Dollar Higher As Trump Delays Tariff Deadline

The U.S. dollar climbed against its major counterparts in the New York session on Tuesday, as President Donald Trump announced a delay in implementation of tariffs to August 1.
RTTNews | 5 days ago