Monday, 21 January 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Pound Touches Highest Since September as Dollar Weakens
Friday, 12 January 2018 18:11 WIB | CURRENCIES |poundSterling,Poundsterling

The pound climbed to the highest since September, shrugging off Brexit concerns as it got a boost from a weaker dollar.

Sterling reversed a weekly decline as the dollar fell ahead of a U.S. inflationreport that follows weaker-than-expected producer prices on Thursday. The pound had been pressured earlier this week by continued signs of division over Brexit and disappointing U.K. economic data.

The pound gained 0.6 percent to $1.3617. It weakened 0.2 percent to 89.07 pence per euro, as the common currency rallied following a preliminary agreement in German coalition talks. The yield on U.K. 10-year government bonds rose two basis points to 1.33 percent.

Pound traders are likely to continue to focus on developments in the Brexit talks, as banks including Morgan Stanley were said to be activating contingencyplans and setting up headquarters in Frankfurt.

Source: Bloomberg

RELATED NEWS
Dollar Holds Modest Gains as Volatility Falls, Shares Advance...
Friday, 18 January 2019 20:28 WIB

Dolar mempertahankan kenaikan moderatnya seiring imbal hasil UST 10-tahun naik dalam perdagangan berisiko di tengah optimisme bahwa ketegangan perdagangan AS-China mungkin mereda ketika Presiden Donal...

Pound set for biggest weekly gain vs euro in 16 months on Brexit hopes...
Friday, 18 January 2019 16:06 WIB

Pound melemah pada hari Jumat setelah kenaikan solid minggu ini yang membuat mata uang ini bersiap untuk kenaikan mingguan terbesar terhadap euro sejak September 2017 di tengah meningkatnya kepercayaa...

USD/JPY: Kicking off the Tokyo session on the front foot, rallies > 20 pips...
Friday, 18 January 2019 08:26 WIB

USD/JPY memulai sesi semalam dengan penurunan di 108,68 dan kemudian mecatatkan level tertinggi pada sesi NY di 109,40 setelah spekulasi bahwa pertikaian perdagangan China/AS akan segera diselesaikan ...

Pound holds off 2-mth highs as uncertainty sets in after key Brexit votes...
Thursday, 17 January 2019 16:42 WIB

Sterling melayang tidak jauh dari level tertinggi dua bulan terhadap euro dan dolar pada hari Kamis seiring ketidakpastian muncul kembali sehari setelah Perdana Menteri Inggris Theresa May memenangkan...

Dollar Pushes Higher; Pound Slips as Risk Sentiment Pressured...
Thursday, 17 January 2019 16:04 WIB

Dolar AS terdorong lebih tinggi terhadap sekumpulan rival utamanya pada Kamis, sehingga membangun kenaikan kuat baru-baru ini, sementara pound tergelincir di tengah lemahnya sentimen risiko. Indeks d...

LATEST NEWS
Hong Kong, Shanghai Stocks End Week With Gains

Hong Kong stocks finished another healthy week on a positive note Friday as investors cheered a report that the US is considering lifting Chinese tariffs in a bid to hammer out a trade deal between the world's top two economies. The Hang Seng...

Dow Logs 300-Point Gain as Stocks String Together Four-Day Winning Streak

U.S. stocks ended the week strong on Friday, booking a four-day streak of gains, after reports that Washington and Beijing were debating concessions to help secure an eventual resolution to the ongoing U.S.-China trade dispute. The S&P 500...

U.S. Oil Prices Finish Higher, Lift Weekly Gain to More Than 4%

Oil futures climbed on Friday, with U.S. prices tallying a weekly gain of more than 4% as optimism surrounding progress toward a resolution of the U.S.-China trade dispute eased worries about energy demand. Data from Baker Hughes Friday also...

POPULAR NEWS
Gold Pulls Back From 2-Week High as $1,300 Mark Proves Elusive
Friday, 18 January 2019 02:13 WIB

Gold futures pulled back on Thursday from the nearly two-week high they settled at a day earlier, as the psychologically important $1,300 line...

Gold Holds Drop as Investors Weigh Trade Developments
Friday, 18 January 2019 14:13 WIB

Gold held a decline amid optimism for progress in U.S.-China trade talks that boosted equities in Asia Friday and Treasury yields overnight....

Gold Futures Suffer First Weekly Decline Since Mid-December
Saturday, 19 January 2019 02:09 WIB

Gold futures fell on Friday, suffering from their first weekly decline since mid-December as optimism surrounding the U.S.-China trade dispute...

Hong Kong, Shanghai stocks end week with gains
Friday, 18 January 2019 15:49 WIB

Hong Kong stocks finished another healthy week on a positive note Friday as investors cheered a report that the US is considering lifting Chinese...