Thursday, 27 June 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Pound Hits Four-Month Low as Pressure Mounts on May: Inside U.K.
Wednesday, 22 May 2019 15:16 WIB | CURRENCIES |poundPoundsterling

The pound fell to a four-month low versus the dollar as pressure mounted on Theresa May to abandon her Brexit deal, which is facing widespread opposition from lawmakers, and step down as U.K. prime minister.

Sterling drops as much as 0.4% to $1.2662, the lowest level since Jan. 4, slips 0.3% to 88.10 pence per euro

The U.K. currency had rallied Tuesday in an initial response after May outlined plans to give lawmakers a vote on a second referendum should they back her deal.

Source : Bloomberg

RELATED NEWS
Dollar gains as traders pare bets on a bold U.S. rate cut...
Wednesday, 26 June 2019 23:17 WIB

The dollar rose on Wednesday as traders scaled back expectations of an aggressive interest rate decrease next month after comments from Federal Reserve officials that such a move may not be warranted ...

Dollar Pushes Higher as Markets Dial Back Fed Rate Cut Bets...
Wednesday, 26 June 2019 15:50 WIB

The U.S. dollar edged higher on Wednesday, pulling away from a three month low as markets dialed back expectations for aggressive interest rate cuts by the Federal Reserve next month, but expectations...

GBP/USD retraces from 5-week high amid fewer fresh catalysts from UK...
Wednesday, 26 June 2019 08:27 WIB

While renewed fears of no-deal Brexit and less dovish Fed speak dragged the GBP/USD pair back from a month™s high, the Cable trades little changed near 1.2690 during early Wednesday. The UK Prime M...

Bets on US rate cuts keep dollar on defense...
Tuesday, 25 June 2019 23:16 WIB

The dollar slipped against most major currencies on Tuesday, hitting a three-month low versus the euro, as expectations of multiple decreases of U.S. interest rates by the Federal Reserve have spurred...

Dollar Crumbles to New Lows vs. Euro, Yen on U.S. Rate Cut Bets...
Tuesday, 25 June 2019 17:26 WIB

The U.S. dollar fell to a three-month low against the euro and dropped to its weakest against the Japanese yen since early January as the prospect of monetary easing by the Federal Reserve knocked dem...

LATEST NEWS
Hong Kong Stocks End Higher, Bucking Regional Trend (Review)

Hong Kong shares closed with slight gains Wednesday, bucking a regional trend, as traders focus on the upcoming meeting between Donald Trump and Xi Jinping. The Hang Seng Index added 0.13 percent, or 36.00 points, to 28,221.98. The benchmark...

Stocks close mostly lower as S&P 500 notches fourth straight day of losses

Stocks closed mostly lower Wednesday, as investors grew increasingly skeptical that a U.S.-China trade deal is in the offing, though technology shares were supported by optimism related to Micron Technology's better-than expected guidance. The Dow...

Oil prices rally as weekly U.S. crude inventory drops by almost 13 million barrels

Oil prices climbed sharply on Wednesday, as the U.S. government reported a weekly drop of nearly 13 million barrels in domestic crude stocks, reportedly the largest since 2016. Given the big draw in gasoline and supply decline at the U.S. oil...

POPULAR NEWS
You Can't Be Anything But Bullish On Gold After $1,400 Breaks – Analysts
Monday, 24 June 2019 15:44 WIB

Patience has finally paid off for the gold bull, as demand for the precious metal has pushed prices to levels not seen in nearly six...

Gold notches a third straight session gain, its second above $1,400
Tuesday, 25 June 2019 01:25 WIB

Gold futures climbed sharply on Monday, extending their streak of gains to a third consecutive session. Weakness in the U.S. dollar and 10-year...

Gold gives up nearly all of its gains, but settles at highest since late August 2013
Wednesday, 26 June 2019 01:14 WIB

Gold futures gave up almost all of their earlier gains by Tuesday afternoon, though still marked the highest most-active contract settlement since...

Gold Prices Up as U.S.-Iran Conflict Fuels Safe-Haven Demand, Trades Above $1,400
Monday, 24 June 2019 12:57 WIB

Gold prices rose on Monday in Asia and traded above the key $1,400 level amid intensifying conflicts between the U.S. and Iran. Gold futures for...