Pound Falls Against Majors
(RTTNews) - The British pound weakened against other major currencies in the European session on Friday.
The pound fell to a 1-week low of 0.8301 against the euro, nearly a 2-week low of 1.2619 against the U.S. dollar and a 2-day low of 192.86 against the yen, from early highs of 0.8260, 1.2680 and 194.06, respectively.
Against the franc, the pound edged down to 1.1277 from an early high of 1.1309.
If the pound extends its downtrend, it is likely to find support around 0.84 against the euro, 1.24 against the greenback, 189.00 against the yen and 1.11 against the franc.
read more
U.S. Dollar Drops After Soft PCE Inflation Data
The U.S. dollar declined against its major counterparts in the New York session on Friday, as a slowdown in PCE inflation for November bolstered the prospect of slower pace of rate cuts by the Federal Reserve next year.
RTTNews
|
2 ngày trước
U.S. Dollar Advances After Strong Economic Data
The U.S. dollar rose against its major counterparts in the New York session on Thursday, as better-than-expected economic data suggested that economy is on solid footing.
RTTNews
|
3 ngày trước
Pound Rises As Traders' Await BoE Rate Decision
The British pound strengthened against other major currencies in the European session on Thursday, as investors braced for the Bank of England's last meeting of the year later in the day.
RTTNews
|
4 ngày trước
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Thursday.
RTTNews
|
4 ngày trước
Yen Falls As BoJ Keeps Policy Rate Unchanged
The Japanese yen weakened against other major currencies in the Asian session on Thursday, after the Bank of Japan left its key interest rates unchanged as policymakers were concerned about risks related to economic activity and prices.
RTTNews
|
4 ngày trước
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Thursday.
RTTNews
|
4 ngày trước
U.S. Dollar Climbs On Fed's Hawkish Tone
The U.S. dollar advanced against its major counterparts in the New York session on Wednesday, as the Federal Reserve cut interest rates by a quarter point but indicated fewer rate cuts than previously projected next year.
RTTNews
|
4 ngày trước
U.S. Dollar Advances Against Most Majors
The U.S. dollar strengthened against its most major counterparts in the New York session on Wednesday.
RTTNews
|
4 ngày trước
