Sterling rises above $1.3 on bets no-deal Brexit can be averted
Wednesday, 23 January 2019 17:26 WIB | CURRENCIES |poundSterling,Poundsterling

Sterling rose above $1.3 on Wednesday on signs that British lawmakers will move to prevent a disorderly no-deal exit from the European Union.

With little time left until the March 29 Brexit deadline, there is no agreement in London on how or even whether it should exit the world's biggest trading bloc.

But Britain's opposition Labour Party said on Wednesday it was œhighly likely next week to back an amendment that could prevent a no-deal Brexit - which has long been seen as the worst-case scenario for the pound..

That lifted the pound 0.3 percent against the dollar and by 09:50 GMT to $1.3005, a 2-month high. It also rose for a third consecutive day versus the euro to 87.45 pence.

Source: Reuters

RELATED NEWS

AUD/USD keeps losses after big beat on China Caixin PMI
Wednesday, 1 April 2020 09:33 WIB

AUD/USD is struggling to draw bids on the back of a better-than-expected China manufacturing data. The currency pair continues to trade in the red near 0.6120, having faced rejection at 0.6158 in early Asia. China's Caixin Manufacturing PMI, which focuses on small and medium-sized export-oriented u...

Sterling Rises as Investors Adjust Quarter-End Positions
Tuesday, 31 March 2020 23:49 WIB

Sterling rose on Tuesday as investors readjusted their portfolios at the end of the first quarter of 2020, although analysts said the currency remained fragile. The pound fell earlier in the day against the dollar as the U.S. currency gained strength due to its safe-haven properties amid the spread...

Dollar Gains Versus Yen, Swiss Franc; Sterling Weakens
Tuesday, 31 March 2020 15:13 WIB

The dollar traded marginally higher Tuesday, helped by gains against the more defensive currencies, the Japanese yen and the Swiss franc, on the last trading day of the month. At 3:05 AM ET (0705 GMT), the U.S. Dollar Index, which tracks the greenback against a basket of six other currencies, stood...

Dollar gains on Japanese demand before fiscal year end, pandemic weighs on mood
Tuesday, 31 March 2020 08:04 WIB

The dollar rose against the yen on Tuesday as Japanese investors and companies rushed to cover a shortage of the U.S. currency before their fiscal year end, but sentiment remained fragile as the global coronavirus crisis showed no signs of abating. The dollar rose 0.23% to 108.06 yen on Tuesday in ...

Sterling Drops Against Dollar as Rating Cut Clouds British Outlook
Monday, 30 March 2020 23:57 WIB

Sterling skidded against the dollar on Monday, as the U.S. currency reasserted its safe haven status and Britain's economic outlook was knocked further by a credit ratings downgrade. Last week the pound rose nearly 7% against the greenback as measures to inject liquidity into markets by the U.S. Fe...

POPULAR NEWS
Tuesday, 31 March 2020 01:23
Gold Futures Settle Lower for a Second Session
Monday, 30 March 2020 07:28
Tokyo stocks fall more than 3 percent at open
Tuesday, 31 March 2020 03:20
Hong Kong Stocks Close Lower (Review)
ANOTHER NEWS
Hong Kong stocks down after morning session
Wednesday, 1 April 2020 11:25 WIB Hong Kong shares slipped Wednesday morning following a sell-off on Wall Street, while investors weigh the prospect of countries extending lockdowns to contain the deadly coronavirus. The Hang Seng Index fell 0.92 percent, or 218.07 points to...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.