Pound Slides Against Majors
(RTTNews) - The British pound weakened against other major currencies in the European session on Monday.
The pound fell to more than a 1-year low of 1.2123 against the U.S. dollar and nearly a 2-month low of 1.1109 against the Swiss franc, from early highs of 1.2208 and 1.1194, respectively.
Against the yen and the euro, the pound slipped to more than a 1-month low of 190.81 and nearly a 1-1/2-month low of 0.8425 from early highs of 192.76 and 0.8416, respectively.
If the pound extends its downtrend, it is likely to find support around 1.20 against the greenback, 1.10 against the franc, 187.00 against the yen and 0.85 against the euro.
read more
U.S. Dollar Rises Against Most Majors
The U.S. dollar strengthened against most major currencies in the Asian session on Monday.
RTTNews
|
14h 46min ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Monday.
RTTNews
|
14h 58min ago
U.S. Dollar Firms As Strong Jobs Data Dampens Rate Cut Hopes
The U.S. dollar climbed against its most major counterparts in the New York session on Friday, as stronger-than-expected jobs data for December strengthened expectations that the Federal Reserve will hold rates steady for sometime.
RTTNews
|
3 days ago
Swiss Franc Slides Against Majors
The Swiss franc weakened against other major currencies in the European session on Friday.
RTTNews
|
3 days ago
Yen Falls As Traders Doubt On BoJ Rate Hike
The Japanese yen weakened against major currencies in the Asian session on Friday, as investors continued to have doubts about whether the Bank of Japan (BoJ) would likely raise interest rates once more.
RTTNews
|
3 days ago
Yen Falls Against Majors
The Japanese yen weakened against major currencies in the Asian session on Friday.
RTTNews
|
3 days ago
Pound Slides As U.K. Borrowing Costs Soar
The British pound weakened against other major currencies in the European session on Thursday, on worries about the rising borrowing costs in the U.K. and the stagflation threat.
RTTNews
|
4 days ago
Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Thursday.
RTTNews
|
4 days ago
