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Pound Inches Up; Irish PM Says Brexit Deal Likely to be Reached by Oct. 31


Friday, 11 October 2019 12:43 WIB

poundGBP/USDUSD/JPY,


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The British pound inched up against the U.S. dollar, supported by comments by Irish Prime Minister Leo Varadkar, who said he believes a Brexit deal is likely to be reached.

The GBP/USD pair inched up 0.2% to 1.2449 by 1:05 AM ET (05:05 GMT).

On Thursday, the Prime Ministers of the U.K. and Ireland released a joint statement saying they saw a potential pathway to a Brexit deal.

The U.S. dollar index that tracks the greenback against a basket of other currencies slipped 0.1% to 98.383.

The yuan gained against the U.S. dollar following the news, as the USD/CNY pair lost 0.2% to 7.1024.

The USD/JPY pair was little changed at 107.96.

The AUD/USD pair rose 0.2% and NZD/USD pair inched up 0.1%.

Source: Investing.com


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