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

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 booked profit and prepared for a make-or-break summit between Britain and the EU on Thursday and Friday.

The focus is on last-ditch talks that dragged on late into Tuesday night to see whether the two sides can draft an agreement on Brexit before the summit.

The pound fell 0.20% to $1.2758, pulling back from a five-month high of $1.2800 reached on Tuesday.

Against the euro, the British currency fell around 0.23% to 86.51 pence. On Tuesday, sterling hit 86.25 pence per euro, the strongest since May 10. The dollar index against a basket of six currencies rose slightly to 0.03% to 98.322.

Source : Reuters

RELATED NEWS

Dollar, yen supported as caution prevails on mixed trade signals
Wednesday, 20 November 2019 08:36 WIB

The dollar and the safe-haven yen found support on Wednesday as a lack of clarity on U.S.-China trade talks kept investors cautious ahead of the release of minutes from the U.S. Federal Reserve's last policy meeting. Moves were slight as jaded traders again weighed mixed messages on trade, with mor...

Sterling Keeps Gains as Traders Remain Hopeful of a Tory Majority
Tuesday, 19 November 2019 23:29 WIB

Sterling traded flat on Tuesday after a new poll reinforced expectations the Conservative Party will win a parliamentary majority in Britain's election next month. Prime Minister Boris Johnson's Tories have surged to an 18-point lead over the opposition Labour Party, according to an opinion poll pu...

Dollar steadies after 3 days of losses as trade deal hopes dim
Tuesday, 19 November 2019 16:04 WIB

The dollar stabilized against a broad basket of other currencies on Tuesday after three consecutive days of losses as investors waited for the release of the minutes of the U.S. central bank meeting at end-October when policymakers had cut interest rates. Against a basket of its rivals (DXY), the g...

Dollar nurses losses as hopes for trade deal fade
Tuesday, 19 November 2019 08:08 WIB

The dollar nursed losses against major currencies on Tuesday as receding hopes for a preliminary trade deal between the United States and China hurt demand for the greenback. There have been high expectations that the United States and China would sign a so-called œphase one deal some time thi...

U.S. Dollar Falls as Trade Deal Uncertainty Spreads
Monday, 18 November 2019 23:27 WIB

The U.S. dollar fell on Monday after CNBC reported that Chinese officials are pessimistic that a trade deal will be signed. The report, which cited government sources, said the bleak outlook was due to U.S. President Donald Trump™s reluctance to roll back tariffs. China has been pushing for the t...

ANOTHER NEWS
India's Parliament Debates Toxic Air Danger
Wednesday, 20 November 2019 10:48 WIB India's Parliament on Tuesday debated the toxic air threatening the lives of the capital region's 48 million people, with opposition leaders demanding the creation of a parliamentary panel to remedy the situation on a long-term...

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.