Pound Rises Against Most Majors
(RTTNews) - The British pound strengthened against most major currencies in the Asian session on Wednesday.
The pound rose to nearly a 1-month high of 1.1286 against the Swiss franc and a 2-day high of 1.2782 against the U.S. dollar, from Tuesday's closing quotes of 1.1268 and 1.2768, respectively.
Against the euro, the pound edged up to 0.8240 from a recent low of 0.8246.
If the pound extends its uptrend, it is likely to find resistance around 1.13 against the franc, 1.30 against the greenback and 0.81 against the euro.
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Swiss Franc Drops Amid SNB Rate Cut Speculation
The Swiss franc weakened against other major currencies in the Asian session on Wednesday, as traders speculate that the central bank is likely to reduce its borrowing costs in the policy meeting due Thursday.
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Swiss Franc Drops Against Majors
The Swiss franc weakened against other major currencies in the Asian session on Wednesday.
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U.S. Dollar Firms Ahead Of Inflation Data
The U.S. dollar climbed against its major counterparts in the New York session on Tuesday ahead of the release of key inflation data that could influence the Federal Reserve's future policy.
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U.S. Dollar Drops Ahead Of Inflation Data
The U.S. dollar declined against its most major counterparts in the New York session on Monday, as investors focus on inflation data for more clues on the Federal Reserve's rate trajectory.
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U.S. Dollar Higher After Solid Jobs Data
The U.S. dollar firmed against its most major counterparts in the New York session on Friday, as stronger-than-expected jobs data for November reinforced the odds of a Federal Reserve rate cut later this month.
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U.S. Dollar Drops As Jobless Claims Increase
The U.S. dollar fell against its major counterparts in the New York session on Thursday, after a data showed that the nation's weekly jobless claims rose more than expected in the week ended November 30.
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Pound Rises As European Shares Gain
The British pound strengthened against other major currencies in the European session on Thursday, as investor sentiment boosted after the French President Emmanuel Macron seeks a way out of France's political crisis.
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Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Thursday.
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