Pound Weakens Against Majors
08 Agosto 2017 - 7:57AM
RTTF2
The pound dropped against its major counterparts in early
European deals on Tuesday.
The pound pared gains to 1.2676 against the franc, from a high
of 1.2700 hit at 10:00 pm ET.
The pound fell to 144.01 against the Japanese yen, a level
unseen since June 28.
The pound that closed Monday's deals at 0.9050 against the euro
dropped to near a 1-year low of 0.9064.
Reversing from an early high of 1.3054 against the dollar, the
pound edged down to 1.3029.
The next possible support for the pound is seen around 142.00
against the yen, 1.24 against the franc, 1.28 against the greenback
and 0.92 against the euro.
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