Tuesday, 10 December 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Pound Recoups Some Losses after Sky News Report on PM May Resignation
Wednesday, 22 May 2019 23:21 WIB | CURRENCIES |poundSterling,Poundsterling

Sterling recovered some of its earlier losses against the dollar and the euro on Wednesday after a Sky News report that Prime Minister Theresa May was going to resign later in the day.

The currency had earlier fallen as much as 0.6% to a four-month low of $1.2625 and plumbed a three-month low against the euro at 88.39 pence. It had been trading around $1.2643 when the Sky report emerged but has since firmed to $1.2673.

Versus the euro it is now at 88.06 pence.

May might resign tonight, Sky's chief political correspondent said, citing a senior lawmaker, but added it was unconfirmed.

Source : Reuters

RELATED NEWS
Euro Steady Ahead of Fed, ECB Meetings and Expected U.S. Tariffs...
Tuesday, 10 December 2019 17:26 WIB

The euro was little changed versus the dollar on Tuesday as investors were wary of a looming deadline for U.S. tariffs on China, the British election and upcoming Federal Reserve and European Central ...

Dollar Steadies as Investors Brace for Key Risk Events...
Tuesday, 10 December 2019 07:54 WIB

The dollar and yen held the safe-haven high ground on Tuesday, with investors on edge ahead of a looming tariff deadline, the UK election and upcoming central bank meetings in Europe and the United St...

Sterling Hits 31-Month Highs, Dollar Dips...
Monday, 9 December 2019 18:02 WIB

The British pound hit 31-month highs against the euro on Monday and hit seven-month highs against the U.S. dollar amid growing confidence about a Conservative Party victory in Thursday™s U.K. electi...

Strong U.S. Jobs Data Supports Dollar as Market Looks to U.S.-China Trade Deal...
Monday, 9 December 2019 08:09 WIB

The dollar held firm on Monday after data showed surprise strength in the U.S. jobs market, but the currency was restrained from moving higher by worries about an escalation in the U.S.-China trade wa...

Euro steady as U.S. dollar set for worst week since October...
Friday, 6 December 2019 16:32 WIB

The euro was steady against the dollar on Friday, though the greenback was headed for its worst week since mid-October, dragged down by nervousness around U.S.-China trade relations and hints of weakn...

LATEST NEWS
Oil Steady Near 12-Week High Amid Stockpile Drop, Trade Anxiety

Oil was steady near a 12-week high in New York, supported by signs of falling American crude inventories yet capped by continuing salvos in the U.S.-China trade dispute. West Texas Intermediate futures were little changed, after briefly surging on...

Trump, House Democrats Close to Deal on Revisions to Trade Deal

News reports say House Democrats and the White House are close to agreeing on changes to a trade deal that the United States, Canada and Mexico signed last year but have not ratified. The United States-Mexico-Canada-Agreement, known as the USMCA,...

US Stock Futures Turn Sharply Lower

U.S. stock index futures turned sharply lower Tuesday morning. Around 6:10 a.m. ET, Dow futures indicated a negative open of more than 110 points. Futures on the S&P and Nasdaq were both slightly lower. Market focus is largely attuned to...

POPULAR NEWS
Gold prices slip a bit ahead of Fed meeting this week
Tuesday, 10 December 2019 03:13 WIB

Gold futures settled at a slight loss on Monday, finding little reason to move in either direction ahead of a mid-week policy update from the...

Gold Holds Drop as Equities Rally on Solid U.S. Jobs
Monday, 9 December 2019 09:27 WIB

Gold held a decline after a better-than-expected U.S. payrolls report on Friday led to a surge in equities, damping demand for haven...

Gold Steadies With Fed and Tariffs in Focus This Week
Monday, 9 December 2019 18:01 WIB

Gold steadied after a drop on Friday as traders turned their focus to upcoming central bank policy meetings. Spot gold edged 0.2% higher to...

FBI Investigating Shooting at US Naval Base as Terrorism
Monday, 9 December 2019 11:07 WIB

The FBI is investigating the fatal shooting at a Naval base in Florida as an act of terrorism, a special agent said Sunday. Rachel Rojas, special...