Sterling holds weaker due to London attacks

Sterling holds weaker due to London attacks

On Monday, the British pound held weaker in Asia because financial markets digested a weekend attack in London, which murdered seven people after a van suddenly mowed down pedestrians on London Bridge, then attackers from the van fanned out and got down to stabbing folks at nearby bars and restaurants. Analysts say that the attack burst out due to the fact Egypt and major Gulf Countries unexpectedly snapped diplomatic and commercial ties with Qatar because of terrorism support charges.

The currency pair GBP/USD hit 1.2869, sliding 0.14%.

The US dollar index, estimating the greenback’s actual strength against six main currencies, tacked on 0.17%, demonstrating 96.77. 

The currency pair USD/JPY inched up 0.27%, being worth 110.69, while AUD/USD tacked on 0.16%, trading at 0.7454.

China’s Caixin Services PMI headed north to 52.8, which is higher than the 51.4 level observed for May and up steeply from 51.5 in April.

Similar

Popular

Crude edges down in Asia on Caixin PMI

On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…

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