Pound Slides Against Majors
(RTTNews) - The British pound weakened against other major currencies in the European session on Wednesday.
The pound declined to a 3-year low of 1.0502 against the Swiss franc and a 2-1/2-year low of 0.8805 against the euro, from early highs of 1.0532 and 0.8778, respectively.
Against the U.S. dollar and the yen, the pound dropped to a 3-month low of 1.3202 and nearly a 2-week low of 201.01 from early highs of 1.3281 and 201.96, respectively.
If the pound extends its downtrend, it is likely to find support around 1.04 against the franc, 0.89 against the euro, 1.30 against the greenback and 197.00 against the yen.
read more
Pound Slides Despite U.K. CPI Rise
The British pound weakened against other major currencies in the European session on Wednesday, despite the release of the United Kingdom (UK) Consumer Price Index (CPI) report of August.
RTTNews
|
10h 33min ago
Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Wednesday.
RTTNews
|
11h 12min ago
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the European session on Tuesday.
RTTNews
|
1 day ago
U.S. Dollar Rises Amid Fed Rate Hike Signals
The U.S. dollar strengthened against other major currencies in the Asian session on Monday, as the Federal Reserve (Fed) is making aggressive rate-hike bets for Wednesday's decision, following higher U.S. inflation figures.
RTTNews
|
2 days ago
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the Asian session on Monday.
RTTNews
|
2 days ago
Yen Rises Amid Rising BoJ Rate Hike Bets
The Japanese yen strengthened against other major currencies in the early European session on Wednesday, as some traders speculate that the Bank of Japan or the BoJ is likely to consider a 50bps increase at its next meeting.
RTTNews
|
7 days ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the early European session on Wednesday.
RTTNews
|
7 days ago
Yen Rises Amid BoJ Rate Hike Prospects
The Japanese yen strengthened against other major currencies in the European session on Monday, as traders bet that the Bank of Japan or the BoJ is likely to raise its interest rate by a quarter point at its September 18 meeting.
RTTNews
|
9 days ago
