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Pound Sterling rises against its major as Britain exits Europe

2019-09-13 01:30 pm | Resource: News | No Views : 58

Pound Sterling rises against its major  as Britain exits Europe
 
The pound strengthened against its major counterparts in the European session on Friday, as fears over Brexit eased after a media report showed progress in the controversial Irish support clause. According to a poll, Britain is likely to leave the EU without an agreement regulating the process and future relationship, as 43.5% of senior financial officials polled by CNBC believe.

The Democratic Party has agreed to soften its stance on supporting Northern Ireland only to help open a deal, The Times reported. Last week, the House of Commons adopted a law requiring either an Brexit agreement by October 19 or delaying the withdrawal until January 31, so that a new deal could be negotiated. The deputies also voted against holding early elections twice.

Hogan EU: Brexit postponed more likely after recent events

BRUSSELS (Reuters) - New European Union Trade Commissioner Phil Hogan said on Friday Brussels was likely to give another extension of the UK's Article 50 in light of recent events in parliament in London. He stressed that the UK should find a "pragmatic" solution to the Irish border issue.

Boris Johnson talks with Juncker about Brexit on Monday

Downing Street confirmed on Friday that British Prime Minister Boris Johnson will meet outgoing European Commission President Jean-Claude Juncker in Luxembourg on Monday to discuss Brexit. Earlier this week, Johnson stressed that reaching a withdrawal agreement with Brussels was a priority. "We will get a deal and we will work hard to reach an agreement," he said.

After a "lunch" meeting with Juncker, Johnson will speak with Luxembourg Prime Minister Xavier Bettel.

GBP Trades
  • The pound rose to 1.2476 against the dollar, its highest level since July 25.
  • The pound rose to a 7-week high of 134.71 against the yen.
  • The British currency strengthened to 1.2317 against the franc, the highest level since July 26.
  •  Against the euro, the pound rose to 0.8899 levels.


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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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