Greenback grows versus pound, euro amid political uncertainty

Greenback grows versus pound, euro amid political uncertainty

On Tuesday, the evergreen buck strengthened versus crucial currencies because the common currency and sterling were suppressed by political uncertainties in the United Kingdom and Eurozone.

Assessing the greenback’s value versus a basket of six counterparts on a regular basis, the dollar index ascended 0.2%, showing 97.659, drifting away from a 6-1/2-month minimum of 96.797 achieved the previous week.

On Monday, American and British markets were unavailable due to holidays, giving traders fewer directional clues.

The British pound sank 0.2%, being worth $1.2816, moving toward a three-week minimum of $1.2775 hit on Friday, while the common currency sank 0.3%, trading at 1.1128.

As for the common currency, it was on the defensive as concerns over Greece's financial situation re-emerged too, after on Monday the country’s finance minister told that its creditors required reaching a deal on debt relief measures at the next gathering of euro zone finance ministers just assist the country in getting back to bond markets.

 

Similar

Latest news

Greenback edges down

On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…

Deposit with your local payment systems

Callback

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