Sterling Struggles On Risk Of Fitch Downgrade





G10 Advancers and Decliners vs USD
EUR 0.88
CHF 0.79
GBP 0.30
JPY -0.04
Most major and EM currencies remain at elevated levels vs. the USD as Asian equity markets continue to make gains and highlight that risk appetite is alive and well. EURUSD remains well supported above 1.4940-50, but is still yet to make its next move to resistance at 1.5063 (26 Oct high), and thereafter 1.5100 resistance. Today’s German CPI (EU harmonized) figures were slightly subdued at 0.1%…

Read More …

More on this topic (What's this?)
MAJOR BUY SIGNAL - US Dollar
Where Will the US dollar Go Next?
Read more on U.S. Dollar (USD) at Wikinvest
Sign Up for JutiaGroup Underground and Receive Handpicked Stories Delivered to Your Inbox!!

Random Posts

Post a Response

  • Polls

    How Has The U.S. Recession Affected You?

    View Results

    Loading ... Loading ...
  • Improve the web with Nofollow Reciprocity.