Wednesday, 18 September 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Sterling Steadies After Brexit Blow; Dollar Drifts Lower Pre-Fed
Tuesday, 19 March 2019 15:42 WIB | CURRENCIES |DolarpoundSterling,

The British pound is opening Tuesday on a firmer footing after losing nearly 1% against the dollar and euro on the latest outbreak of Brexit-related volatility.

Sterling had slid after Prime Minister Theresa May™s plan to force another vote on her EU Withdrawal Agreement was struck down for procedural reasons by the Speaker of the House of Commons John Bercow.

At 03:00 AM ET (0800 GMT), the pound was at 1.3274 against the dollar, having fallen below 1.32 for the first time in nearly a week after Bercow™s announcement. Against the euro, it had recovered less and was at 1.1695, less than a quarter of a cent off Monday™s low.

The U.S. Dollar Index, which tracks it against a basket of six major currencies, was testing new six-week lows at 95.86.

Source: Investing.com

RELATED NEWS
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 ...

Dollar holds gains as oil shock eases, Fed in focus...
Wednesday, 18 September 2019 08:16 WIB

The dollar traded near a seven-week high versus the yen as oil markets recovered from a supply shock, but the focus is firmly on a U.S. Federal Reserve meeting later on Wednesday that is widely expect...

Dollar Broadly Higher Ahead of ZEW, Fed Meeting...
Tuesday, 17 September 2019 15:20 WIB

The dollar was mostly higher in early trading in Europe Tuesday, as fears of a sustained spike in oil prices and conflict in the Persian Gulf undercut risk assets ahead of the U.S. Federal Reserve™s...

Japanese Yen Unchanged Despite Initial Trade Accord with U.S....
Tuesday, 17 September 2019 11:04 WIB

The Japanese yen stayed largely unchanged against the U.S. dollar on Tuesday in Asia despite news that the U.S. reached an initial trade accord with Japan over tariffs. It is unclear whether the U.S....

Oil currencies, dollar buoyed as Saudi attacks keep crude elevated...
Tuesday, 17 September 2019 08:30 WIB

Oil exporter currencies held firm while the dollar found broad support as recent attacks on Saudi oil facilities and the threat of military action in the region kept crude prices kept prices elevated....

LATEST NEWS
EIA: US crude oil stocks increased by 1.1 million barrels

The weekly report published by the US Energy Information Administration (EIA) revealed that commercial crude oil inventories in the US increased by 1.1 million barrels in the week ending September 13 compared to analysts estimate for a draw of 2.5...

Stocks open slightly lower ahead of Fed decision

U.S. stocks edged slightly lower at the opening bell Wednesday, as investors awaited the conclusion of a Federal Reserve policy meeting that's expected to deliver another quarter-point rate cut. The Dow Jones Industrial Average was down 88 points,...

Gold prices edge lower as traders await Fed policy decision

Gold futures on Wednesday headed lower ahead of a Federal Reserve decision that could set the near-term tone for bullion trading for the next several weeks. December gold on Comex slipped $3.20, or 0.2%, to $1,510.10 an ounce, threatening to snap...

POPULAR NEWS
Gold Settles at a More Than a 1-Week High as Historic Oil Outage Rattles investor Nerves
Tuesday, 17 September 2019 01:34 WIB

Gold futures finished solidly higher on Monday, at their highest price in just over a week, after an attack on Saudi Arabian oil production sent oil...

Gold Notches Second Straight Gain, Adds to Climb Toward 1-Week High
Wednesday, 18 September 2019 01:26 WIB

Gold futures on Tuesday marked a second gain in a row, extending a climb to the highest price in about a week. Traders continued to monitor...

Gold Prices Jump Amid Middle East Tensions; Investors Eye Central Banks Meetings
Monday, 16 September 2019 13:17 WIB

Gold Prices jumped on Monday in Asia after a strike against two Saudi Arabian oil facilities heightened tensions in the Middle East and boosted...

Gold scores a pop from historic oil outage
Monday, 16 September 2019 20:44 WIB

Gold futures headed solidly higher on Monday after an attack on Saudi Arabian oil production sent oil prices skyrocketing and investors turning to...