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Pound Falls; U.S. Dollar Edges Up Ahead of Economic Data Due This Week


Monday, 11 March 2019 13:22 WIB

PoundsterlingGBP/USD


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The British Pound fell on Monday in Asia on nervousness over Brexit, while the U.S. dollar edged up as traders look ahead to a fresh batch of U.S. economic data this week.

The GBP/USD pair last traded at 1.2971 by 11:20 PM ET (03:20 GMT), down 0.3%. The pair briefly dipped to a near three-week low earlier in the day.

Meanwhile, the U.S. dollar index was up 0.1% to 97.370. The greenback was under pressure last Friday after U.S. jobs report and Chinese trade data both missed expectations, raising concerns of a slowdown in global economic activity.

Source: Investing.com


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