Pound Strengthens Vs Most Majors Ahead Of U.K. Manufacturing PMI
(RTTNews) - At 4.30 am ET Monday, UK S&P/CIPS manufacturing PMI data is due. The final reading is forecast to match the preliminary estimate of 48.0.
Ahead of the data, the pound traded mixed against its major rivals. While it dropped against the euro, it rose against the rest of major rivals.
The pound was worth 1.2318 against the greenback, 161.47 against the yen, 1.1311 against the franc and 0.8797 against the euro as of 4:25 am ET.
read more
Euro Rallies Amid Ukraine Peace Plan
The euro firmed against its major counterparts on Monday, amid the prospect of higher defense spending in Europe to deter Russian aggression.
RTTNews
|
6h 45min ago
Pound Rises Amid Optimism Ukraine Peace Plan
The British pound strengthened against other major currencies in the European session on Monday, as investors react to the latest tariff news and Europe's peace efforts in Ukraine.
RTTNews
|
14h 51min ago
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Monday.
RTTNews
|
15h 10min ago
U.S. Dollar Falls Amid U.S. Fed Rate Cut Prospect
The U.S. dollar weakened against other major currencies in the Asian session on Monday, amid prospects of the U.S. Fed cutting interest rates earlier as it is feared that the U.S. trade war may hurt global growth, worsen inflation and possibly spark recessions in some countries. Traders also picked up stocks at a bargain after the recent slump in the markets.
RTTNews
|
17h 36min ago
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Monday.
RTTNews
|
18h 22min ago
Pound Retreats Amid Risk Aversion
The pound pulled back against its most major counterparts in the New York session on Friday, as risk sentiment dampened after a meeting between President Donald Trump and Ukrainian President Volodymyr Zelenskyy devolved into a shouting match.
RTTNews
|
3 days ago
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the European session on Friday.
RTTNews
|
3 days ago
Euro Drops Against Majors
The euro weakened against its major counterparts in the New York session on Thursday.
RTTNews
|
4 days ago
