Friday, 03 July 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Sterling hovers near recent highs as investors weigh up Brexit outcomes
Thursday, 12 September 2019 23:34 WIB | CURRENCIES |poundSterling,Poundsterling

Sterling held on Thursday near the six-week high it reached at the start of the week as investors weighed up Britain's chances of securing a divorce deal with the European Union ahead of its departure from the bloc on Oct. 31.

With the U.K. parliament in recess after Prime Minister Boris Johnson suspended it for five weeks - a move judged unlawful by Scotland's highest court of appeal on Wednesday - traders lacked any new Brexit developments to digest and stayed on the sidelines.

The court ruling has prompted calls for lawmakers to return to work as the government and parliament battle over the future of Brexit.

The pound was flat at $1.2329, close to $1.2385, a high it surged to on Monday on the back of no-deal Brexit worries receding and better-than-expected economic data. Against the euro, the pound was slightly lower at 89.45 pence, also close to a six-week high.

Source : Reuters

RELATED NEWS
Dollar edges up; Aussie and Kiwi gain slightly on U.S. and China data...
Friday, 3 July 2020 15:20 WIB

The dollar edged up in early London trading on Friday and currency traders' risk appetite was boosted only slightly by better-than-expected jobs data in the United States, as surging coronavirus cases...

Dollar Steadies As U.S. Coronavirus Cases Rise Before Long Holiday...
Friday, 3 July 2020 09:56 WIB

The dollar was hemmed into a narrow range on Friday, supported by safe-haven flows as a resurgence of the coronavirus in the United States discouraged some investors from taking on excessive risk. Th...

Dollar Set For Biggest Weekly Drop in a Month before U.S. Data...
Thursday, 2 July 2020 18:51 WIB

The U.S. dollar slipped to a one-week low against its rivals on Thursday as upbeat U.S. and European economic data sharpened risk appetite, with hopes for a COVID-19 vaccine breakthrough also helping ...

Dollar falls to one-week lows on data hopes...
Thursday, 2 July 2020 15:17 WIB

The U.S. dollar slipped to a one-week low against its rivals on Thursday as upbeat U.S. and European economic data sharpened risk appetite, with hopes for a COVID-19 vaccine breakthrough also helping ...

Dollar On Defensive As Upbeat Data Dulls Safe-Haven Appeal...
Thursday, 2 July 2020 08:42 WIB

The dollar was on the defensive against more growth-sensitive currencies on Thursday, following upbeat U.S. and European economic data but renewed worries about the coronavirus blunted more aggressive...

LATEST NEWS
US Senate Passes Bill Targeting Entities Over China's Hong Kong Security Law

The U.S. Senate approved a bill Thursday that would penalize individuals or companies for conducting business with Chinese officials responsible for implementing Beijing's new national security law on Hong Kong. The Republican-led Senate...

Gold flat as virus fears offset gains in equities

Gold prices were little changed on Friday as worries over an accelerating number of coronavirus cases countered a fillip to risk sentiment from positive U.S. and Chinese economic data.      Spot gold was mostly unchanged...

UK Final Services PMI revised higher to 47.1 for June; GBP/USD holds steady above mid-1.2400s

The headline seasonally adjusted final IHS Markit/CIPS UK Services PMI Business Activity Index posted 47.1 in June, up sharply from 29.0 in May and the highest for four months. This compared with the earlier 'flash' figure of 47.0 in June. The...

POPULAR NEWS
July, Gold is Still Promising
Wednesday, 1 July 2020 16:41 WIB

Index futures closed above $ 1,800 per ounce on Tuesday, June 30, 2020, which also means closing in the first half of this year. Over the past six...

Gold futures end lower a day after highest finish since 2011
Thursday, 2 July 2020 01:28 WIB

Gold futures pulled back Wednesday, after settling a day earlier at their highest since 2011. "Gold remains in an uptrend but some fatigue may be...

Gold settles with a gain for the session and shorter week
Friday, 3 July 2020 01:15 WIB

Gold futures climbed on Thursday, also posting a gain for the holiday-shortened week, as concerns over the increase in COVID-19 cases in part of the...

Gold prices retreat to start July after the notching their highest finish since 2011
Wednesday, 1 July 2020 18:58 WIB

Gold futures were drifting lower Wednesday after topping $1,800 and marking the highest finish since in about nine years Tuesday, as uncertainty...