DJIA23160.53
LIVE506.67(2.24%)
NDX8179.95
LIVE130.64(1.62%)

Pound Falls After Lawmakers Vote Against No-Deal Brexit; Yuan Down on Weak Data


Thursday, 14 March 2019 15:20 WIB

poundPoundsterlingGBP/USD


c_740_198_16777215_00_images_assets_CURRENCY3_0Pound-sterling-live-948374.jpg

The British pound fell on Thursday in Asia after U.K. lawmakers voted to reject leaving the EU without a withdrawal agreement. The yuan also slid following the release of below-forecast factory output data.

On Wednesday, U.K. lawmakers voted by 312 to 308 for an amendment that ruled out the U.K. leaving the EU without a withdrawal agreement. Lawmakers are now expected later today to vote for a delay to Brexit on March 29.

The GBP/USD pair initially rallied more than 2% following the news but gave up some of its earlier gains today. The pair last traded at 1.3242 by 12:30 AM ET (04:30 GMT), down 0.7%.

The U.S. dollar index that tracks the greenback against a basket of other currencies gained 0.1% to 96.648. The dollar was under pressure on Wednesday as the pound rallied on the latest Brexit news.

Source : Investing.com


RELATED NEWS

  • The U.S. dollar is back in demand Wednesday, as investors sought safe havens amid disappointing news surrounding the coronavirus outbreak and the economic damage in Europe becomes apparent. At 3 AM E...
  • The dollar found a footing on Wednesday as investors returned to safe-havens, unwinding some risk currency gains made on hopes the coronavirus crisis in Europe and New York was slowing. The greenback...
  • The dollar has been on the back foot Tuesday, with risk sentiment boosted by further evidence that the virus has peaked in some countries in Europe, while the U.S. has also seen scattered evidence of ...

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.