Pound Drops Before BOE Decision, Dollar Up 6th Day
Thursday, 7 February 2019 16:52 WIB | CURRENCIES | EuropoundPoundsterling

The pound fell to its lowest level in more than two weeks before the Bank of England™s monetary policy decision, helping the Bloomberg Dollar Spot Index to extend a rally into a sixth day.

Sterling slips below $1.2900 on wednesday, the U.K. currency is under pressure in options markets as well, amid continuing uncertainty surrounding Brexit.

GBP/USD falls 0.3% to 1.2899, versus 1.2896 day low; short-term names see sell stops being triggered below 1.2920, a trader in Europe says.

The euro feels the heat from cable weakness and slips 0.2% to 1.1344, a two-week low.

Source : Bloomberg

RELATED NEWS

Dollar Mixed as Chinese Stimulus Papers Over Economic Ills
Monday, 17 February 2020 16:21 WIB

The dollar was mixed against developed-market peers in early trading on Monday after hitting a new four-month high in overnight trading. The greenback was also a touch weaker against the Chinese yuan after the People™s Bank of China added to its already extensive stimulus measures since the outbr...

Euro Near Three-Year Low on Sluggish Growth, Yen Steady Despite Weak GDP
Monday, 17 February 2020 09:00 WIB

The euro was on the back foot on Monday, as concerns mounted about weakening economic growth in Europe at a time financial markets and policymakers fret about a new threat to the global economy from a fast spreading coronavirus in China. The euro, which hit a 33-month low of $1.0817 on Friday, fetc...

Euro Drops to New Low as GDP Data Confirm Weak Growth
Friday, 14 February 2020 19:52 WIB

The euro fell again to a nearly three-year low on Friday amid worries about slowing growth in the euro zone, as fourth-quarter data confirmed the economy's sluggish performance. The euro has lost close to 1% so far this week and is on track for its worst two-week performance since mid-2018. Euro z...

Sterling Consolidates Gains after Change of Finance Minister
Friday, 14 February 2020 16:17 WIB

Sterling held to its recent jump on Friday as traders stuck with the view that the new British finance minister would unveil a more expansionary budget next month. With growth weak in Britain, many economists and investors want to see the UK expand fiscal spending to help weather the impact of Brit...

EUR/USD Little Changed After German Prelim GDP Arrives At 0.0% In Q4 VS +0.1% Expected
Friday, 14 February 2020 14:18 WIB

The German economy showed no growth inter-quarter in the fourth quarter of 2019, arriving at 0.0% against expectations of +0.1%, the preliminary report by Destatis showed this Friday. Meanwhile, the yearly rate grew by 0.3% in Q4 as compared to the previous reading of +1.0%, but bettered market exp...

POPULAR NEWS
Saturday, 15 February 2020 04:28
S&P 500 posts slim gain, helped by Nvidia boost
Saturday, 15 February 2020 01:47
Gold futures score gains for the session and week
Monday, 17 February 2020 08:36
Gold Steadies as Countries Plan Stimulus Measures
ANOTHER NEWS
Taliban: Peace Deal With US To Be Sealed by End of Feb
Monday, 17 February 2020 23:39 WIB The Taliban appeared confident Monday it will sign a peace agreement with the United States by the end of this month in the presence of international guarantors to close the 18-year-old war in Afghanistan. A senior leader of the insurgent group...

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.