DJIA29348.10
LIVE50.46(0.17%)
NDX9173.73
LIVE48.73(0.53%)

Sterling Holds Near 30-Month Lows as Johnson Majority Shrinks


Friday, 2 August 2019 18:12 WIB

Sterling,Poundsterling


c_740_198_16777215_00_images_assets_CURRENCY_11Pound4623687-Twenty-pounds-notes-background-Stock-Photo-pound-note-money.jpg

Sterling held close to 30-month lows against the dollar on Friday as a shrinking of Britain’s ruling Conversative Party’s majority in parliament added to worries over domestic politics three months before Britain is due to exit the European Union.

Britain’s pro-European Union Liberal Democrats won a parliamentary seat from the governing Conservatives, a blow to Prime Minister Boris Johnson in his first electoral test since taking office.

The loss reduces Johnson’s working majority in parliament to just one ahead of an expected showdown with lawmakers over his plan to take Britain out of the European Union on Oct. 31 without an exit agreement if necessary.

In early deals in London, sterling was flat against the dollar at $1.2128, not far from a 30-month low of $1.2080 hit on Thursday.

It was lower against a broadly stronger euro, down 0.1% at 91.50 pence.

Source : Reuters


RELATED NEWS

  • The U.S. dollar is largely unchanged in European trade early Thursday, as a degree of calm prevails following the signing of the Sino-U.S. trade deal. At 03:25 ET (08:25 GMT), the euro traded at $1.1...

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.