Pound Slides as May Is Pushed Toward the Exit
Thursday, 23 May 2019 15:22 WIB | CURRENCIES |poundPoundsterlingGBP/USD

The dollar was higher across the board in early trade in Europe Wednesday, as the reportedly imminent exit of British Prime Minister Theresa May over the Brexit shambles depressed the pound and made for an awkward backdrop to European parliament elections that start today.

At 03:00 AM ET (0700 GMT), the GBP/USD pair was at $1.2605, a new 2019 low, resuming its fall after Andrea Leadsom, the lawmaker tasked with organizing the government™s business in the House of Commons, resigned rather than introduce May™s revised EU Withdrawal Agreement bill. The Times of London reported that many of May's lawmakers expected May now to resign within the next day or two.

The pound was also at a four-month low of 1.1321 against the euro.

Source : Investing.com

RELATED NEWS

Dollar nurses loses; pounds fate tied to EU summit
Thursday, 17 October 2019 08:36 WIB

The dollar found support on Thursday having weakened on lacklustre U.S. retail data, while the volatile pound was on edge as Britain and the European Union scrambled to secure a last-minute Brexit deal. Sterling swung about a five-month high overnight, knocked around by a series of mixed headlines ...

Sterling, British Stocks Ride Rollercoaster of Brexit Deal Hopes
Wednesday, 16 October 2019 23:39 WIB

Sterling swung around five-month highs on Wednesday and stocks in London cut their losses amid a blizzard of contradictory headlines about whether Britain and the European Union were on the verge of agreeing a Brexit deal. In another volatile day of trading for UK assets, financial markets remained...

Dollar dives to four-week lows as trade tensions dominate; yen gains
Wednesday, 16 October 2019 15:24 WIB

The dollar headed toward a four-week low against its rivals on Wednesday on concerns that elevated trade tensions between Washington and Beijing will continue to weigh on the global growth outlook. Risk appetite was on the back foot with the Japanese currency firming against the greenback while tra...

Sterling gives up some gains as Brexit optimism curbed
Wednesday, 16 October 2019 08:21 WIB

The British pound fell from its highest level in almost five months versus the U.S. dollar on Wednesday as investors started to question their optimism about Britain's negotiations to leave the European Union. Sterling also pulled back from its highest in five months against the euro as investors b...

Pound and UK Stocks Surge on Report EU, UK Close to Brexit Draft Deal
Tuesday, 15 October 2019 23:25 WIB

Sterling jumped against the dollar and the euro while British stock prices and government bond yields rose in late afternoon trading on Tuesday after a Bloomberg report that British and European Union negotiators were close to a Brexit draft deal. The pound jumped more than 1% versus the dollar to ...

ANOTHER NEWS
Dollar nurses loses; pounds fate tied to EU summit
Thursday, 17 October 2019 08:36 WIB The dollar found support on Thursday having weakened on lacklustre U.S. retail data, while the volatile pound was on edge as Britain and the European Union scrambled to secure a last-minute Brexit deal. Sterling swung about a five-month high...

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.