Advertisement
Sterling Rises Against Majors
(RTTNews) - The British pound strengthened against other major currencies in the European session on Thursday.
The pound rose to a 1-week high of 0.8633 against the euro and nearly a 4-week high of 1.1200 against the Swiss franc, from early lows of 0.8661 and 1.1164, respectively.
Against the U.S. dollar and the yen, the pound advanced to a 2-day high of 1.2192 and a 6-day high of 182.08 from early lows of 1.2120 and 181.06, respectively.
If the pound extends its uptrend, it is likely to find resistance around 0.85 against the euro, 1.13 against the franc, 1.24 against the greenback and 184.00 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
|
7h 57min ago
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
RTTNews
|
8h 20min 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
|
9h 9min ago
Yen Retreats Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
RTTNews
|
12h 21min 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
|
23h 58min 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
|
2 days ago
