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

 

USD Acts as Safe Haven Asset

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex   While the Chinese [...]

Posted on Monday, 27 Jan, 2020 / 10:21 under

Why has Gold gone cold?

By Giles Coghlan, Chief Currency Analyst at HYCM Gold’s been under the [...]

Posted on Monday, 27 Jan, 2020 / 8:52 under

Why oil falls in ‘risk-off’ markets

By Giles Coghlan, Chief Currency Analyst at HYCM Use this in your trading [...]

Posted on Monday, 27 Jan, 2020 / 8:49 under