Sterling Steady as Investors Await EU Brexit Summit

Thursday, 22 November 2018 16:33 WIB



Sterling traded flat on Thursday after Prime Minister Theresa May failed to secure a blueprint for Britain's future ties with the European Union at a meeting with the head of the bloc's executive.

May will return to Brussels on Saturday to try and agree an outline for Britain’s withdrawal from the EU. All EU leaders are due to meet on Sunday to approve the deal.

Just over four months before Britain's departure from the EU, Brexit negotiations and political uncertainty in Britain remain the key drivers for the pound, and many analysts are cautious about its prospects.

The pound was up 0.1 percent to $1.2784 at 0900 GMT but down 0.1 percent against the euro to 89.19 pence

Growing opposition to May's draft arrangement has hit sterling hard in recent weeks, pulling it down nearly 3 percent from a Nov. 7 high of $1.3176.

Source : Reuters


  • The dollar was mostly higher in early trading in Europe Tuesday, as fears of a sustained spike in oil prices and conflict in the Persian Gulf undercut risk assets ahead of the U.S. Federal Reserve’s t...
  • The pound fell nearly half a percent on Monday as concern revived that Britain will struggle to secure a deal on the terms of its departure from the European Union. The pound fell to a three-year low...



Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.