GBP/USD Exchange Rate Rangebound as UK Markets Await Retail Data for May The Pound to US Dollar (GBP/USD) exchange rate fluctuated around $1.26 today, with the pairing rangebound as Sterling benefits from hopes that Downing Street will further ease Covid-19 lockdown measures this week. Prime Minister Boris Johnson is expected to announce an easing of […]
EURJPY Price Analysis – June 05 The bullish trend may continue provided the bulls maintain or increase their momentum and the supply levels of $125, $127 and $130 may be its target. In case the price pulls back and the daily candle closes below the $123 price level, then, it may target $122 – $121 […] The post EURJPY Price Breaks a Key Resistance Level $123, Targeting $125 Price Level appeared first on Cryptovibes.com - Daily Cryptocurrency and FX News.
By Jamie McGeever BRASILIA (Reuters) - Brazil's real surged on Friday through 5.00 per dollar for the first time since March, sealing its biggest weekly rise in nearly 12 years after surprisingly strong U.S. employment data sparked a buying spree in riskier, beaten down assets. The real, long the pariah on international foreign exchanges and one of the worst performing currencies this year, rose 7% against the dollar this week, its strongest performance since October ...
(Bloomberg) -- Private-sector Indian companies have fared well in the bond market this week despite a sovereign rating downgrade by Moody’s Investors Service, as investors focus more on early signs of some improvement in the economy. Spreads on the firms’ U.S. currency notes dropped 5.7 basis points compared with last week, according to DBS Bank Ltd. data, even after Moody’s cut India’s rating to the lowest investment grade with a negative outlook on Monday.
Pound Rebounds Versus Euro Exchange Rates as European Central Bank News Digested Pound to Euro Exchange Rate Climbs despite Dire UK and Brexit Outlooks The Pound Sterling to Euro (GBP/EUR) exchange rate is once again attempting to advance today, after yesterday’s European Central Bank (ECB) news knocked the pair. Sterling (GBP) is advancing despite dire UK data and Brexit fears. After opening this week at the level […]
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