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Pound Rises Against Most Majors
(RTTNews) - The pound advanced against its most major counterparts in the New York session on Monday.
The pound climbed to near a 6-week high of 0.8405 against the euro and more than a 5-week high of 1.1159 against the franc.
The pound advanced to a 1-1/2-month high of 195.80 against the yen, from an early 10-day low of 193.64.
The next possible resistance for the currency is seen around 0.82 against the euro, 1.13 against the franc and 198.00 against the yen.
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Antipodean Currencies Slide Amid Risk-off Mood; Safe-haven CHF, JPY Rises
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Friday, amid heightening geopolitical tensions in the Middle East region after Israel launched a preemptive strike against Iran in a major escalation of the regional conflict. U.S. officials confirmed that the U.S. had no involvement or role in the operation. Tensions between the U.S. and Iran are also rising over the latter's nuclear developments.
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Swiss Franc Advances Against Majors
The Swiss franc strengthened against other major currencies in the Asian session on Friday.
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Yen Rises Against Most Majors
The Japanese yen strengthened against most major currencies in the Asian session on Friday.
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Pound Slides On Weak U.K. GDP Data
The British pound weakened against other major currencies in the European session on Thursday, as U.K. economy shrank more than expected in April largely reflecting a fall in services output.
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Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Thursday.
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Commodity Currencies Slide Amid Rising Geopolitical Risks, Yen Rises
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against other major currencies in the Asian session on Thursday, as rising geopolitical tensions in the Middle East weighed on market sentiment.
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2 days ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
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Euro Rises Amid Risk-on Mood
The euro strengthened against other major currencies in the European session on Wednesday amid increased risk-on mood, as investors monitored the latest updates from Sino-U.S. talks and awaited crucial U.S. inflation data for direction.
After two days of discussions in London, U.S. and Chinese officials have agreed on a limited framework to put their trade truce back on track.
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