DJIA26935.07
LIVE-159.72(-0.59%)
NDX7823.55
LIVE-78.24(-0.99%)

Pound Slips, Euro Remains Near 2-Month Lows Ahead of ECB Policy Meeting


Thursday, 25 July 2019 13:04 WIB

Yen EuroDolar ASpound


c_740_198_16777215_00_images_assets_CURRENCY2_dolar-as-terpukul-euro-dan-pound-karena-persyaratan-brexit-Die.jpg

The euro remained near 2-month lows against the U.S. dollar on Thursday in Asia ahead of the European Central Bank’s (ECB) policy meeting due later in the day.

The EUR/USD pair was little changed at 1.1136 by 1:04 AM ET (05:04 GMT).

Some traders expect dovish guidance from the central bank, which paves the way for easing in September.

The euro is now down about 2% in July on speculation of an ECB easing amid continuing concerns surrounding the Sino-U.S. trade war.

Meanwhile, data that showed Germany’s manufacturing sector contracted at the quickest pace in seven years and French’s business growth has unexpectedly slowed also sent the euro lower.

Meanwhile, the GBP/USD pair slipped but was off session lows. Boris Johnson on Tuesday won the contest to be the next British prime minister and raised concerns of a no-deal Brexit. The USD/JPY pair slipped 0.1% to 108.08.

Source : Investing.com


RELATED NEWS

  • The yen rose from a seven week low against the U.S. dollar on Thursday after the Bank of Japan kept monetary policy on hold, in the wake of the Federal Reserve’s overnight decision to cut rates. The ...

POPULAR NEWS

DISCLAIMER

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.