British pound stabilizes

British pound stabilizes

On Monday, the British pound stabilized because British Prime Minister Theresa May struggled to pick up the pieces and reunite her Conservative Party following a disastrous election, which could potentially disrupt Brexit talks.

The British pound last traded at $1.2756, soaring 0.1% on the day, having lost 1.7% on Friday, which is its biggest one-day sag in nearly eight months.

The pound had inched down 2.5% in the previous trading session to its lowest value since mid-April after no single party managed to win a clear claim to power in the British election on Thursday. The given outcome drove uncertainty in the financial markets.

Talks on the UK’s exit from the European Union will start next Monday.

The common currency went up 0.1%, being worth $1.1208, keeping below a seven-month peak of $1.1285 reached in early June.

The greenback was intact at 110.29 yen, having rebounded from Friday's one-week peak of 110.815 yen.



Bitcoin stands still

On Tuesday, digital currencies were intact because the market managed to stabilize in the wake of the previous week’s abrupt selloff that pushed most crypto assets to 2018 minimums…


Japan real wages surge is slowest in almost two years

Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…

promotions you can be interested in

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera