Sterling stronger as British lawmakers fight to avert no-deal Brexit

Wednesday, 4 September 2019 23:14 WIB



Sterling jumped briefly above $1.22 Wednesday for the first time since Aug. 30 as investors became slightly more optimistic about Brexit after British lawmakers seized control of the parliamentary timetable to try to block a no-deal Brexit.

The latest sterling moves take it further off three-year lows of $1.1959 hit before the parliament vote.

By 15:45 GMT, sterling was up 0.8% at $1.2189, having vaulted briefly to a one-week high of $1.2220 as it was boosted also by a 0.4% dollar pullback sparked by Tuesday’s dismal U.S. manufacturing data.

Against the euro, the pound was up by 0.4% at 90.48 pence.

Sterling volatility gauges also eased, with two-month implied volume, a contract capturing the Oct. 31 Brexit deadline, falling from three-year highs reached on Tuesday.

Source : Reuters


  • The dollar paused on Friday as concerns about a surge in coronavirus infections in the United States and elsewhere supported the safe haven Japanese yen, while risk-sensitive currencies lost ground. ...



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.