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

Dollar Rises vs Euro as European PMI Data Fails to Impress
Friday, 24 January 2020 23:32 WIB

The dollar rose to a near eight-week high against the euro on Friday as lukewarm European PMI data added to the broader market conviction that European central bank policymakers will maintain a loose monetary policy for the near future. Euro zone business activity remained lackluster with the IHS M...

Dollar Edges Higher as Virus Fears Ease; Euro Weakens
Friday, 24 January 2020 15:37 WIB

The U.S. dollar is showing some strength against the safe haven Japanese yen Friday as a degree of calmness returns to traders who have fretted all week over the new pneumonia-like virus in China. By 02:50 ET (0750 GMT), the dollar had climbed 0.1% against the yen, with USD/JPY trading at 109.54. T...

Euro near 7-week low after ECB; virus fears support yen
Friday, 24 January 2020 08:51 WIB

The euro hovered near a seven-week low against the dollar on Friday after the European Central Bank was seen as more dovish than expected, while anxiety over China™s coronavirus outbreak propped up the safe-haven yen. The euro stood at $1.1055, touching a seven-week low of $1.1036 hit in U.S. tra...

EUR/USD Price Action: Euro Sinks to Seven-Week Lows Post ECB
Friday, 24 January 2020 00:11 WIB

EUR/USD is trading in a weak downtrend below the main simple moving averages (SMAs). Additionally, the spot is also breaking down from an ascending channel which started in October 2019. The bull flag from December 2019 failed. EUR/USD created a head-and-shoulders formation which is weighing on the ...

Yen Pushes Higher; Euro in Focus as ECB Meets
Thursday, 23 January 2020 16:08 WIB

The safe haven Japanese yen gained against the U.S. dollar Thursday on a sharp bout of risk aversion, as battles to contain the new pneumonia-like virus in China intensified, although volatility remained limited. By 03:30 ET (0830 GMT), the yen had climbed 0.2% against the dollar, with USD/JPY trad...

ANOTHER NEWS
Stocks end lower on worries over coronavirus outbreak
Saturday, 25 January 2020 04:19 WIB Stocks ended lower Friday, giving up early gains after authorities confirmed a second U.S. coronavirus case. The Dow Jones Industrial Average fell around 170 points, or 0.6%, to end near 28,990, according to preliminary figures, while the S&P...

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.