Pound Retreats Amid Risk Aversion

RTTNews | 159 วันที่ผ่านมา
Pound Retreats Amid Risk Aversion

(RTTNews) - The pound pulled back against its most major counterparts in the New York session on Friday, as risk sentiment dampened after a meeting between President Donald Trump and Ukrainian President Volodymyr Zelenskyy devolved into a shouting match.

The heated exchange came as Trump and Zelenskyy met to discuss a deal on Ukraine's critical rare earth minerals in exchange for continued aid.

The back-and-forth, which also involved Vice President JD Vance, became increasingly tense as the leaders discussed Trump's approach to the war between Russia and Ukraine.

Zelensky left the White House following the collapse of talks.

The pound touched a 9-day low of 1.2562 against the greenback. The currency is poised to challenge support around the 1.21 level.

The pound retreated to 189.06 against the yen, from an early 1-week high of 190.31. This may be compared to an early more than 2-week low of 187.68. The pound may face support around the 182.00 level.

The pound eased against the franc and was trading at 1.1351. This may be compared to an early 2-day low of 1.1310. The currency is likely to face support around the 1.11 level.

In contrast, the pound recovered against the euro and was trading at 0.8248. If the currency rises further, it is likely to find resistance around the 0.81 region.

read more
Euro Rises As European Shares Traded Higher

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.
RTTNews | 6 ชม. 33 นาทีที่ผ่านมา
Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Wednesday.
RTTNews | 7 ชม. 57 นาทีที่ผ่านมา
Pound Rises As Traders Await BoE Monetary Policy Meeting

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.
RTTNews | 1 วันที่ผ่านมา
Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Tuesday.
RTTNews | 1 วันที่ผ่านมา
Yen Rises Amid BoJ Rate Hike Speculation

Yen Rises Amid BoJ Rate Hike Speculation

The Japanese yen strengthened against other major currencies in the Asian session on Tuesday, as the Bank of Japan's (BoJ) meeting minutes suggest the possibility of interest rate increases, contingent upon the anticipated performance of the economy and price.
RTTNews | 1 วันที่ผ่านมา
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Tuesday.
RTTNews | 1 วันที่ผ่านมา
Pound Eases Against Most Majors

Pound Eases Against Most Majors

The pound retreated against its most major counterparts in the New York session on Monday.
RTTNews | 1 วันที่ผ่านมา
Yen Advances Against Majors

Yen Advances Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Monday, amid fading hopes for an immediate the Bank of Japan (BoJ) rate hike.
RTTNews | 2 วันที่ผ่านมา