Sterling Stuck at 2-Week Low as Investors Await UK Jobs Data
Tuesday, 14 May 2019 15:32 WIB | CURRENCIES |poundSterling,Poundsterling

Sterling hit a two-week low on Tuesday ahead of UK employment data that investors will scrutinise for signs of how much British businesses are hurting from uncertainty over Brexit.

While most economic data in Britain has been solid in recent months even in the face of messy EU divorce proceedings, the worry for investors is that months of inventory stockpiling by British firms could show up this quarter.

The first signs of this could come in today's employment data due at 08:30 GMT.

Sterling was down 0.2 percent against the dollar on Tuesday to a two-week low of $1.2928 in early trade and down 0.25 percent against the euro at 86.89 pence.

The British currency is also being dragged lower by the broader environment, with trade tensions between the United States and China hurting stocks earlier this week.

Source : Reuters

RELATED NEWS

Dollar Hovering Near 3-Week Highs ahead of Fed Minutes
Wednesday, 21 August 2019 15:11 WIB

The U.S. dollar was hovering just below three-week highs in subdued trade on Wednesday as investors looked ahead to the minutes of the Federal Reserve's July meeting later in the day for fresh clues on the monetary policy outlook. The Fed cut rates for the first time since 2008 last month in what C...

Dollar Nudged Off Three-Week Peak as U.S. Yields Dip Before Jackson Hole Meet
Wednesday, 21 August 2019 08:47 WIB

The dollar was on the defensive on Wednesday, elbowed off a three-week peak by a reversal in U.S. yields as they headed south again ahead of a meeting of central bankers, at which the Federal Reserve is expected to give clues on further rate cuts. Central bankers will gather at Jackson Hole, Wyomin...

Euro Tests Lows Ahead of Expected No-Confidence Vote in Italy
Tuesday, 20 August 2019 15:22 WIB

The dollar was little changed in early trading in Europe Wednesday but starting to build momentum against the euro at the start of a day where politics is likely to dominate economics. The euro was at $1.1079 by 3:30 AM ET (07:30 GMT) and looking to test last week™s low of $1.1066 ahead of a big ...

AUD/USD Clings to 0.6760/65 After RBA Minutes
Tuesday, 20 August 2019 09:15 WIB

The AUD/USD pair remains modestly changed at 0.6765 after the Reserve Bank of Australia (RBA) released minutes of its August 07 meeting on early Tuesday. Although the Aussie central bank left its monetary policy unchanged at the August meeting, policymakers have been flashing mixed signals since th...

Dollar Near Three-Week High as Thaw In Risk Aversion Lifts Yields
Tuesday, 20 August 2019 08:02 WIB

The dollar held near a three-week high on Tuesday, as expectations global economies would unleash fresh stimulus and an improvement in appetite for riskier assets lifted yields on U.S. government bonds. Yields on benchmark U.S. Treasuries pulled away from three-year lows as investors tip-toed back ...

ANOTHER NEWS
Tokyo Shares Open Higher Following Wall Street Gains
Thursday, 22 August 2019 07:37 WIB Tokyo stocks opened higher Thursday, chasing gains made on Wall Street as players kept their eyes on key US data as well as the US Federal Reserve. The benchmark Nikkei 225 index added 0.41 percent or 85.45 points to 20,704.02 in early trade,...

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.