Trading news

Sterling trades weaker ahead of May's speech

Sterling trades to its weakest level

The sterling approached its lowest zone today, ahead of Theresa May's, U.K's Prime Minister, speech, tomorrow Tuesday, where she will be outlining Britain's smooth exit plan from the EU.

Sterling to first time lows at 1.1988

Since October's astonishing crash, the GBP/USD pair traded, for the first time, below the 1.2000 zone, hitting as low as 1.1988.

The USD/JPY pair traded to its weakest area since December at 113.63. The U.S. dollar index approached the 101.61 level, rising 0.43%. The EUR/USD traded to 1.0596, 0.43% lower.

Read More

ArgusFX Review

Monday, 16 Jan, 2017 / 10:29

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : https://www.argusfx.com/en/research-education/market-analysis/news/sterling-trades-weaker-ahead-of-may-s-speech

Trading news

 

2020 Olympics & The Japanese Economy

With the 2020 Olympics kicking off after a year-long delay, just how much of a [...]

Posted on Friday, 23 Jul, 2021 / 1:30 under

Fed, Inflation, And The Housing Bubble

Yesterday, the US’ second-largest homebuilder, D.R. Horton, announced [...]

Posted on Friday, 23 Jul, 2021 / 1:28 under

Stormy week ends with US stocks at record highs

  Nasdaq 100 closes at new record as investors warm up to tech [...]

Posted on Friday, 23 Jul, 2021 / 9:25 under