Sterling Falls on Reports That Theresa May Could Resign in June
Thursday, 16 May 2019 23:20 WIB | CURRENCIES |Sterling,GBP/USD

Sterling was lower on Thursday after reports that U.K. Prime Minister Theresa May will step down over the summer regardless of whether or not her Brexit withdrawal agreement passes.

Cable was down 0.4%, with GBP/USD at 1.2790 as of 10:16 AM ET (14:16 GMT). Parliament is expected to vote on the Brexit agreement in June and the prime minister has previously said she would step down if the plan is passed.

Meanwhile, the dollar gained after jobless claims rose less than expected.

The U.S. dollar index, which measures the greenback™s strength against a basket of six major currencies, was up 0.3% to 97.643.

Data showed that the number of people applying for unemployment benefits fell to 212,000 from the week prior, as the U.S. economy continues to be strong.

The dollar was up against the safe-haven yen, with USD/JPY rising 0.2% to 109.82.

Elsewhere, the euro slipped, with EUR/USD falling 0.2% to 1.1172 while USD/CAD was at 1.3428.

Source: Investing.com

RELATED NEWS

Dollar gives up post Fed gains, sterling hits two-month high
Friday, 20 September 2019 15:18 WIB

The dollar drifted lower on Friday after central banks in Switzerland and the UK refrained from following the Federal Reserve in cutting rates, and risk appetites ebbed on caution about U.S-China trade talks. Sterling hit a two-month high of $1.2566 against the greenback, after European Commission ...

Dollar erases post-Fed bounce, sterling up on Brexit deal hopes
Friday, 20 September 2019 08:24 WIB

The dollar nursed losses against most major currencies on Friday, as central banks in Switzerland and the UK refrained from following the Federal Reserve in cutting rates, while risk appetite ebbed on caution about U.S-China trade talks. Sterling hit a two-month high of $1.2560 against the greenbac...

Yen Rises against Dollar After BOJ Holds
Thursday, 19 September 2019 15:17 WIB

The yen rose from a seven week low against the U.S. dollar on Thursday after the Bank of Japan kept monetary policy on hold, in the wake of the Federal Reserve™s overnight decision to cut rates. The dollar was down 0.44% to 107.95 yen by 2:32 AM ET (6:32 GMT) after the BoJ kept policy on hold, as...

Dollar rallies as cautious Fed clouds rate-cut outlook
Thursday, 19 September 2019 08:22 WIB

The dollar stood tall on Thursday after the U.S. Federal Reserve cut rates by 25 basis points, as expected, but its chairman signalled a higher bar for future rate cuts. The greenback touched a seven-week high of 108.47 against the Japanese yen and stood just below that in Asian morning trade. It a...

Sterling edges back from six-week high, BoE in focus
Wednesday, 18 September 2019 15:51 WIB

Sterling edged lower on Wednesday after climbing to a new six-week high on hopes for a last-minute Brexit deal, while investors turned their attention to the Bank of England meeting on Thursday. The pound fell 0.2% in early European trade to $1.2476, but that followed a decent gain on Tuesday to $1...

POPULAR NEWS
Saturday, 21 September 2019 03:33
Hong Kong Stocks Close Down
Friday, 20 September 2019 01:13
Gold Marks First Loss in 4 Sessions
Saturday, 21 September 2019 03:27
Wall Street Falls as Trade Optimism Fizzles
Friday, 20 September 2019 03:36
Hong Kong Stocks End With Fresh Losses
ANOTHER NEWS
Hong Kong Stocks Close Down
Saturday, 21 September 2019 03:33 WIB Hong Kong stocks ended the week with another loss Friday as investors fret over the impact of weeks of sometimes violent protests on the city's economy. The Hang Seng Index slipped 0.13 percent, or 33.28 points, to 26,435.67. The benchmark...

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.