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Yen, Swiss franc rise and pound weakened amid global tensions

2019-09-03 01:15 pm | Resource: الاخبار | No Views : 126

 Yen, Swiss franc rise and pound weakened amid global tensions

The pound fell against its major counterparts in Tuesday's European session, as British lawmakers opposed to Brexit prepare for their deal to try to postpone Brexit in the House of Commons. The yen and the Swiss franc also rose against the dollar as safe haven demand increased due to continued global uncertainty.

Rising trade tensions between the United States and China remain a major concern for investors, reinforced by political instability in Britain as Brexit approaches and the prospects of leaving the EU without agreement increase.

 Nigel Faraj: The Brexit will not stand against the Conservatives in the elections

Britain's Brexit party leader Nigel Faraj said on Tuesday that if a general election is held in the UK before the country leaves the European Union, the Brexit party will not fight against the Conservatives. Brexit's support is expected to increase in the upcoming elections, with Farage winning a large share of UK votes in European elections this year.

"Of course we will put the country before the celebration," Farraj told BBC Radio 4.

UK Prime Minister Boris Johnson will reportedly ask MPs to vote on a general election proposal if he sees an opportunity for parliament to pass a Brexit bill prepared by Labor and a number of rebel Conservatives. Johnson is expected to meet with a group of Conservatives who oppose Brexit later in the day, as reports indicate that the government will be willing to pull the whip out of them and therefore cannot be conservative candidates in the upcoming elections.

 The pound weakens as the confrontation begins with the Brexit
  • The pound fell to a 3-year low of 1.1958 against the dollar
  • The dollar was down 0.17% at 106.06 yen
  • The US currency fell 0.12% to 0.989 Swiss francs,
  • The pound fell to a fresh 3-week low of 126.67 against the yen from Monday's closing value of 128.10.
  • The British currency, which closed Monday's trading at 1.1944 against the franc, fell to a two-week low of 1.1851.
  • The pound traded near a two-week low of 0.9148 against the euro, compared with 0.9084.


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Best Opportunities, Vision and Technical Analysis for the USD/JPY pair 17 April 2019

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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