Pound rallied against major currencies
2019-04-08 09:55 am | Resource: NEWS | No Views : 79
The Pound rose against the Dollar and most major currencies during the week's trading
As sterling rallied against the dollar and the euro as the UK news of the UK's exit from the European Union is caught up in a tug of war at home
British Hunt: Britain's talks with Labor are not easy
British Foreign Secretary Jeremy Hunt said on Monday negotiations between the government and the opposition Labor Party to overcome the current stalemate in Britain's exit from the European Union were "not easy." Instead, he described talks between Prime Minister Teresa Mae and Labor leader Jeremy Corbin as "tough," but stressed that the prime minister was "doing everything" to find a mutually acceptable solution.
Last Friday, the Labor Party expressed its disappointment that the May government "has not made a real difference or compromise" in the negotiations on the country's exit from the European Union. The party also urged May to make "real" changes to its withdrawal agreement so that the alternative proposal could win parliamentary support and "bring the country together." At the same time, the government expressed its willingness to change the political declaration on future relations between the UK and the EU to reach an agreement acceptable to the Labor Party as well.
On the other hand, the British Prime Minister Teresa Mai in a video broadcast on Sunday, that an agreement on Brikast between the government and the opposition is supposed to make "concessions from both sides." "I disagree with the Labor Party on many things, but I think we will be able to agree on several points about Breakest," Mai said in the tape.
The May government has been in talks with the Labor Party since Wednesday to reach a deal backed by parliament and pave the way for the United Kingdom to leave the European Union. The date of this departure was delayed at the end of March and could get another extension next week.
"We will be able to reach a solution that is a good agreement approved by the parliament, which requires concessions from both sides," Mai said in the video, which appeared on a sofa at the Shakers Palace in northwest London, the summer residence of British prime ministers. British MPs have so far rejected the three-way deal negotiated between London and Brussels. "I do not imagine they can agree on what is the situation today," she said.
GBP trades against major currencies
- The euro was down against the pound at 0.05%, with the pair trading at 0.8599.
- The British Pound was up against the US Dollar at 0.16%, with GBP / USD trading at 1.3057.
- The yen fell against the British currency by 0.06% and the pair is trading at 145.53.
- In front of the franc, the pound was up 0.10% at 1.3054.
- The pound also rose against the Canadian dollar at 1.74649.
We offer you the analysis of the US dollar against the Japanese Yen on Wednesday, April 17, 2019 with the most important expectations for the dollar against the Japanese yen on the market. Time frame Used - four hours The USD/JPY is moving in a bullish direction in the near term. USD/JPY is still facing resistance and selling pressure around 112.10 as the USD-JPY closed yesterday's session down below 112.00…
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