Pound Strengthens As DUP Agrees To Back May's Brexit Deal
24 Enero 2019 - 8:46PM
RTTF2
The pound firmed against its major counterparts in the Asian
session on Friday, after a media report that Northern Ireland's
Democratic Unionist Party privately consented to back Theresa May's
'Plan B' Brexit deal, which is scheduled to vote next week.
The Sun reported that the unionist party had decided to give
conditional backing for May's Brexit deal next week.
The DUP agreed to back the PM's plan if it includes a clear
time-limit to the unpopular Irish backstop, the report showed.
Asian stock markets strengthened following the mostly positive
cues overnight from Wall Street despite worries about U.S.-China
trade talks.
U.S. Commerce Secretary Wilbur Ross told CNBC the U.S. is "miles
and miles" from a trade deal with China. The comments from Ross
come ahead of Chinese Vice Premier Liu He's trip to Washington next
week for the next round of trade negotiations.
The pound that ended Thursday's trading at 1.3063 against the
greenback spiked up to a 2-1/2-month high of 1.3139. If the pound
continues its uptrend, 1.325 is possibly seen as its next
resistance level.
The pound climbed to a 1-1/2-month high of 144.23 against the
yen, up from Thursday's closing value of 143.22. The pound is seen
finding resistance around the 146.00 region.
Data from the Ministry of Internal Affairs and Communications
showed that overall consumer prices in the Tokyo region rose 0.4
percent on year in January.
That was unchanged from the December reading, although it
exceeded expectations for an increase of 0.2 percent.
The U.K. currency appreciated to 1.3076 against the franc, its
strongest since November 15. The currency is poised to target
resistance around the 1.32 mark.
The pound spiked up to 0.8618 against the euro, a level unseen
since May, 2017. Next key resistance for the pound is seen around
the 0.84 mark.
Looking ahead, German Ifo business climate index for January is
due in the European session.
In the New York session, U.S. trade data for November, retail
sales, building permits and housing starts for December are
scheduled for release.
Sterling vs Yen (FX:GBPJPY)
Gráfica de Divisa
De Mar 2024 a Abr 2024
Sterling vs Yen (FX:GBPJPY)
Gráfica de Divisa
De Abr 2023 a Abr 2024