Advertisement
Pound Recovers Against Majors
(RTTNews) - The British pound recovered from its recent lows against other major currencies in the early New York session on Thursday.
The pound rose to a 2-day high of 0.8472 against the euro and a 6-day high of 193.09 against the yen, from early lows of 0.8523 and 191.00, respectively.
Against the Swiss franc, the pound edged up to 1.1008 from an early low of 1.0940.
Moving from an early more than a 2-week low of 1.3243 against the U.S. dollar, the pound edged up to 1.3339.
If the pound extends its uptrend, it is likely to find resistance around 0.82 against the euro, 197.00 against the yen, 1.13 against the franc and 1.35 against the greenback.
read more
Pound Jumps After BoE Rate Decision
The British pound strengthened against other major currencies in the European session on Thursday the Bank of England (BoE) reduced UK interest rates by a quarter point, making it the fifth reduction in a year, although almost half of its policymakers opted to maintain borrowing costs.
RTTNews
|
4天前
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Thursday.
RTTNews
|
4天前
Euro Rises Amid Trump's Tariff Implementations
The euro strengthened against other major currencies in the European session on Thursday, as European shares rallied following the implementation of Trump's extensive "reciprocal" tariffs, which include a blanket 15% tax on exports from the EU.
RTTNews
|
4天前
Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Thursday.
RTTNews
|
4天前
Euro Rises As European Shares Traded Higher
The euro strengthened against other major currencies in the European session on Wednesday, as European shares traded higher despite weak factory orders data from Germany and fresh tariff threats from U.S. President Donald Trump on pharma and chips. Some upbeat earnings announcements and expectations of a Fed interest rate cut next month appear to be aiding sentiment.
RTTNews
|
5天前
Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Wednesday.
RTTNews
|
5天前
Pound Rises As Traders Await BoE Monetary Policy Meeting
The British pound strengthened against other major currencies in the European session on Tuesday, as traders shift their focus to the Bank of England's (BoE) monetary policy announcement on Thursday.
RTTNews
|
6天前
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Tuesday.
RTTNews
|
6天前
