Pound Rebounds Against Majors
(RTTNews) - The British pound rebounded from early lows against other major currencies in the European session on Wednesday.
The pound rose to a 2-day high of 1.2481 against the U.S. dollar, from an early low of 1.2417.
Against the euro, the pound advanced to more than a 5-week high of 0.8520 from an early 2-day low of 0.8554.
The pound edged up to 192.82 against the yen and 1.1373 against the Swiss franc, from early lows of 192.01 and 1.1332, respectively.
If the pound extends its uptrend, it is likely to find resistance around 1.27 against the greenback, 0.84 against the euro, 194.00 against the yen and 1.15 against the franc.
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Swiss Franc Falls Against Majors
The Swiss franc weakened against other major currencies in the European session on Monday.
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The Japanese yen weakened against other major currencies in the Asian session on Friday.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
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Soft Inflation Data, Retail Sales Pull Down U.S. Dollar
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U.S. Dollar Falls, U.S. Inflation Report In Focus
The U.S. dollar weakened against other major currencies in the Asian session on Wednesday, as traders await the release of key U.S. CPI data along with other reports on U.S. retail sales and homebuilder confidence which is likely to influence the U.S. Federal Reserve's near-term policy path.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Wednesday.
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