Sterling Above $1.26 as US Dollar Falls

Wednesday, 15 July 2020 23:07 WIB

Sterling was dragged up by a weaker dollar and an improvement in risk sentiment on Wednesday, with analysts saying it was likely to face further weakening due to economic damage inflicted by the coronavirus crisis and Brexit. The pound was up 0.5% at $1.2610, having risen to $1.2649, its highest since Monday. Against the euro, sterling rose by 0.2% to 90.58 pence, a whisker off the two-week low of 91.12 it fell to the day before. Source : Reuters

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Wednesday, 15 July 2020 23:07 WIB Sterling was dragged up by a weaker dollar and an improvement in risk sentiment on Wednesday, with analysts saying it was likely to face further...

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