Advertisement
Pound Rises Against Majors
(RTTNews) - The British pound strengthened against other major currencies in the early European session on Wednesday.
The pound rose to more than a 4-month high of 167.37 against the yen, from an early low of 166.49.
Against the U.S. dollar and the Swiss franc, the pound advanced to 1.2443 and 1.1165from early lows of 1.2409 and 1.1124, respectively.
Moving away from an early 2-day low of 0.8838 against the euro, the pound climbed to 0.8815.
If the pound extends its uptrend, it is likely to find resistance around 169.00 against the yen, 1.26 against the greenback, 1.15 against the franc and 0.86 against the euro.
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
|
6h 9min ago
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
RTTNews
|
6h 32min 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
|
7h 21min ago
Yen Retreats Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
RTTNews
|
10h 33min 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
|
22h 10min 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
|
1 day ago
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Thursday.
RTTNews
|
1 day ago
Swiss Franc Rises Against Most Majors
The Swiss franc rallied against its most major counterparts in the New York session on Wednesday.
RTTNews
|
1 day ago
