InvestorGreg.net is compensated in exchange for featured placement of sponsored products and services, or your clicking on links posted on this website. That's how we make money. This compensation may impact how, where and in what order products appear. InvestorGreg.net does not include all companies or all available products. We will never allow advertisers to influence our opinion of financial products that appear on this site.
The British Pound Reached a Peak for 11 Weeks
The British pound reached a peak of 11 weeks on Friday after The Sun reported that the Democratic Unionist Party of Northern Ireland decided to support the Brexit plan proposed by Theresa May next week.
The pound rose 0.3 percent against the dollar to $1.3109 after rising to $1.3114, the maximum since November 8.
The pound added 0.2 percent to 0.8634 to the euro, and 0.2 percent to 1.8460 to the Australian dollar.
The euro rose by 0.1 percent to $1.1319.
The European Central Bank left monetary policy unchanged on Thursday, but the Head of the regulator, Mario Draghi, said that the risks to the growth of the eurozone economy shifted to a downward direction indicating that normalization of the policy could take even longer than expected.
The dollar index to the basket of major currencies lost 0.2 percent to 96.43.
The dollar rose 0.2 percent to 109.82 to the yen.
The Australian and
- Binance Will Launch Its Own Blockchain to Create Cryptocurrencies
- Cryptocurrencies Will Continue Falling amid the Investigation by the US SEC
- Asian indices break down after arresting the director of Huawei
- Uber and Lyft apply for IPO at the same time
- November of 2018 became the worst month of the year for ICOs