Pound Falls Against Majors

RTTNews | 10h 20min ago
Pound Falls Against Majors

(RTTNews) - The British pound weakened against other major currencies in the European session on Friday.

The pound fell to a 3-day low of 197.19 against the yen, from an early high of 198.83.

Against the Swiss franc, the U.S. dollar and the euro, the pound edged down to 1.1288, 1.2936 and 0.8325 from early highs of 1.1334, 1.2983 and 0.8308, respectively.

If the pound extends its downtrend, it is likely to find support around 195.00 against the yen, 1.11 against the franc, 1.27 against the greenback and 0.84 against the euro.

read more
Pound Falls Following BoE Rate Cut

Pound Falls Following BoE Rate Cut

The British pound weakened against other major currencies in the European session on Friday, after the Bank of England cut interest rates as expected but signaled stickier inflation.
RTTNews | 9h 27min ago
Yen Rises After Fed Rate Cut

Yen Rises After Fed Rate Cut

The Japanese yen strengthened against other major currencies in the Asian session on Friday, after the U.S. Fed delivered the widely expected decision to lower interest rates by a quarter point and signaled no intention to skip cutting rates. The Bank of England also cut interest rates.
RTTNews | 13h 32min ago
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Friday.
RTTNews | 14h 17min ago
U.S. Dollar Lower Ahead Of Fed Decision

U.S. Dollar Lower Ahead Of Fed Decision

The U.S. dollar dropped against its major counterparts in the New York session on Thursday, as investors awaited the Federal Reserve's monetary policy announcement due shortly.
RTTNews | 1 day ago
U.S. Dollar Rallies On Trump's Victory

U.S. Dollar Rallies On Trump's Victory

The U.S. dollar was higher against its major counterparts in the New York session on Wednesday, as Donald Trump's win in the presidential election renewed optimism about economic growth policies that could drive bond yields higher and boost inflation.
RTTNews | 2 days ago
Yen Falls Amid BoJ Rate Hike Uncertainty

Yen Falls Amid BoJ Rate Hike Uncertainty

The Japanese yen weakened against other major currencies during the European session on Tuesday, as traders remain cautious amid a rare political crisis following a Japanese snap election that raises doubts about the Bank of Japan's capacity to raise interest rates further and the U.S. election.
RTTNews | 3 days ago