Advertisement
Pound Slides Against Majors
(RTTNews) - The British pound weakened against other major currencies in the European session on Monday.
The pound fell to more than a 2-month low of 1.0913 against Swiss franc, from an early high of 1.0966.
Against the euro and the yen, the pound slipped to a 6-day low of 0.8563 and a 5-day low of 197.22 from early highs of 0.8540 and 198.46, respectively.
The pound edged down to 1.3693 against the U.S. dollar, from an early high of 1.3741.
If the pound extends its downtrend, it is likely to find support around 1.07 against the franc, 0.87 against the euro, 196.00 against the yen and 1.32 against the greenback.
read more
U.S. Dollar Weakens Amid Trade Talks, Debt Concerns
The U.S. dollar dropped against its most major counterparts in the New York session on Monday, as investors monitored negotiations over President Donald Trump's tax bill in the Republican-controlled Senate.
RTTNews
|
13 minutes ago
Pound Slides Amid Risk-off Mood; Swiss Franc Rises
The British pound weakened against other major currencies in the European session on Monday amid increased risk-off mood, as investors eyed progress in global trade negotiations ahead of the impending July 9 deadline for U.S. reciprocal tariffs.
RTTNews
|
9h 36min ago
Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the European session on Monday.
RTTNews
|
10h 27min ago
Safe-Haven JPY Rises As Trader's Remain Cautious
The safe haven Japanese yen strengthened against other major currencies in the pre-European session on Monday, as traders remain cautious amid renewed optimism about new trade deals after U.S. President Donald Trump indicated he does not think he will need to extend the July 9 deadline for countries to secure trade deals with the US. Trump also indicated the U.S. had signed an agreement with China.
RTTNews
|
13h 26min ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the pre-European session on Monday.
RTTNews
|
14h 15min ago
U.S. Dollar Advances After Hot PCE Data
The U.S. dollar strengthened against its major counterparts in the New York session on Friday, after a data showed that the Federal Reserve's preferred gauge of inflation accelerated in May.
RTTNews
|
2 days ago
Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the European session on Friday.
RTTNews
|
3 days ago
Yen Rises Amid BoJ Rate Hike Prospects
The Japanese yen strengthened against other major currencies in the European session on Thursday, as traders speculate that the Bank of Japan is likely to increase its interest rate in light of indications that inflation is broadening in Japan.
RTTNews
|
4 days ago
