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Dollar rallied and Pound weakened with Yen and Swiss Franc

2019-10-01 02:32 pm | Resource: News | No Views : 46

 Dollar rallied and Pound weakened with Yen and Swiss Franc

The dollar gained as the pound hit losses on Tuesday afternoon as the Conservative Party continued for a third day, as Prime Minister Boris Johnson is expected to propose his final Brexit plan to EU leaders. Meanwhile, the yen and the Swiss franc fell against the dollar during Tuesday's trading amid optimism about the development of trade talks between the United States and China.

 Johnson would not apply for an extension of Article 50 to Brussels.

British Prime Minister "Boris Johnson" that his country will submit proposals on a new exit agreement with the European Union within days. Britain is due to leave the 28-nation bloc at the end of this month amid its failure to draw up detailed plans to maintain an open border between Northern Ireland and EU member Ireland, the main sticking point for the deal.

 He said, "Johnson" that the details will be disclosed very soon, noting that Britain will leave the European Union at the end of October with or without a deal. The British parliament has rejected the "Brexit" plan put forward by former Prime Minister "Theresa May" three times, because of several controversies.

Meanwhile, talks between the world's two largest economies are expected to resume, with high-level Chinese negotiators heading to Washington later this month, possibly after the end of China's National Day.

Currency Trading
  • The pound fell 0.66% against the US dollar at 3:59 pm CET, which is at $ 1.22100, the lowest level in nearly a month.
  • It fell 0.50% against the Japanese yen, trading 132.19000 at 4:01 pm CET,
  • The GBP dropped 0.70% on the EUR, at 1.12019 at the same time, the level not visible since mid-September.
  • The greenback was up 0.19% against the Japanese currency, trading at 108.29 yen.
  • The greenback gained 0.35% to trade at 1.001 CHF

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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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