Advertisement
Pound Rises Against Majors
(RTTNews) - The British pound strengthened against other major currencies in the European session on Thursday.
The pound rose to 2-day highs of 0.8661 against the euro and 1.0827 against the Swiss franc, from early lows of 0.8681 and 1.0798, respectively.
Against the U.S. dollar, the pound advanced to Wednesday's high of 1.3460 from an early low of 1.3417.
The pound edged up to 199.49 against the yen, from an early low of 198.78.
If the pound extends its uptrend, it is likely to find resistance around 0.85 against the euro, 1.09 against the franc, 1.36 against the greenback and 201.00 against the yen.
read more
Pound Rises Amid Risk On Mood
The British pound strengthened against other major currencies in the European session on Thursday amid risk-on mood by the investors, as a bond market sell-off stabilized and dovish Fed comments coupled with weak U.S. data reinforced rate-cut bets.
RTTNews
|
9h 55min ago
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Wednesday.
RTTNews
|
1 day ago
Pound Slides After UK Starmer's Reshuffle
The British pound weakened against other major currencies in the European session on Tuesday, amid rising concerns about the UK government's ability to maintain fiscal discipline.
In order to meet her fiscal goals, Chancellor Rachel Reeves is anticipated to increase taxes in her autumn budget, which could likely weigh on economy.
RTTNews
|
2 days ago
Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Tuesday.
RTTNews
|
2 days ago
Yen Slides Amid BoJ Rate Hike Uncertainty
The Japanese yen weakened against other major currencies in the European session on Tuesday, due to the uncertainties surrounding the probable timing of the Bank of Japan's (BoJ) next interest rate hike.
RTTNews
|
2 days ago
Yen Slides Against Majors
The Japanese yen weakened against other major currencies in the European session on Tuesday.
RTTNews
|
2 days ago
U.S. Dollar Falls Amid Rising Fed Rate Cut Bets
The U.S. dollar weakened against other major currencies in the late Asian session on Monday, due to growing speculation that the U.S. Federal Reserve (Fed) may lower interest rates at its September meeting.
RTTNews
|
3 days ago
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the late Asian session on Monday.
RTTNews
|
3 days ago
