vimarsana.com

Page 11 - சர்வதேச பணம் பரிமாற்றம் வழங்குநர் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Exchange Rates Today 18 12 2020: UK Pound Falls Back After No Deal Very Likely , Euro-Dollar At Risk Of Correction

Exchange Rates Today 18 12 2020: UK Pound Falls Back After No Deal Very Likely , Euro-Dollar At Risk Of Correction
exchangerates.org.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from exchangerates.org.uk Daily Mail and Mail on Sunday newspapers.

Australian Dollar Keeps Advancing Despite The Latest Covid-19 Outbreak

Foreign Exchange Markets continue to see past bad news and both the S&P500 and AUD/USD exchange rate continue to correlate and are at the highs of the year. Record Covid-19 daily deaths in the US and a fresh Covid outbreak in New South Wales have not dented uptrends. The robust Australian economy has been able to weather restrictions. It seems the potential trade war with China is the only dark cloud on the horizon. Friday s session concludes the last full week of trading in 2020. Stocks are slightly lower while the USD is bouncing slightly, but with most risk markets at or near their yearly highs, whatever happens over the remainder of the year isn’t likely to change the bullish look.

UK-EU Pessimism Of Last Minute Trade Deal Sends Pound Sterling Lower Against Euro And Dollar

Pound-to-euro exchange rate retreats as negative UK Brexit rhetoric dents confidence, dollar weakness still dominates global FX markets Although currency markets still think negative UK Brexit rhetoric is a political front in order to set the stage for last-minute concessions and a deal, the persistent downbeat UK tone has undermined Sterling confidence with the pound-to-euro rate retreating to 1.1035. US dollar weakness has still dominated in global currency markets. The Pound-to-Dollar exchange rate strengthened to 31-month highs above 1.3600 before a correction to below 1.3550. Dollar weakness remains a major driver of exchange rates The dollar remained under heavy selling pressure during Thursday amid robust risk appetite and expectations of sustained monetary support by the Federal Reserve. Congressional negotiators also edged closer to a further US fiscal stimulus.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.