Advertisement
Pound Rises To Against Majors
RTTNews
|
324 days ago

(RTTNews) - The British pound strengthened against other major currencies in the European session on Thursday.
The pound rose to more than a 1-year high of 1.3129 against the U.S. dollar, from an early low of 1.3081.
Against the euro and the Swiss franc, the pound advanced to nearly a 3-week high of 0.8488 and a 2-day high of 1.1171 from early lows of 0.8521 and 1.1120, respectively.
The pound edged up to 191.13 against the yen, from an early low of 189.69.
If the pound extends its uptrend, it is likely to find resistance around 1.32 against the greenback, 0.83 against the euro, 1.14 against the franc and 200.00 against the yen.
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
|
1 day ago
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
RTTNews
|
1 day 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
|
1 day ago
Yen Retreats Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
RTTNews
|
1 day 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
|
1 day 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
|
2 days ago
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Thursday.
RTTNews
|
2 days ago
Swiss Franc Rises Against Most Majors
The Swiss franc rallied against its most major counterparts in the New York session on Wednesday.
RTTNews
|
2 days ago