Sterling made the strongest rise in three months against the USD after the decision of British Prime Minister Theresa May’s Brexit Plan required to be voted on the Parliament. Sterling gained significant value against all the most important currency pairs. Especially, in the first hours of the day, GBP/USD parity is increasing strongly. The parity started this day with 1.2116 level, but at the last minutes, the parity reached 1.2262 level. In the near future, Theresa May’s Brexit Plan may cause a lot of positive development on Sterling against many important pairs which are traded on the global forex market under today’s market conditions.
- Date: 12 October 2016 Wed 19:23
Comment Send
Similar Threads:
-
Retail Sales in the USA is showed a strong increase in September
-
Global markets focus on taking risks after Fed decision
-
Developing Country Assets are losing value after FED, China and Oil Developments
-
Global markets focus on safe harbors nowadays
-
Global markets are rising with China Inflation Data
-
Employment recovery continues in the USA
-
American stock market lost momentum after tax reform
-
Germany is pricing strong economic growth
-
Oil market is trying to find a direction
-
Gold market is protecting its earnings at the end of week
- Popular
- Last Added
-
French Presidential elections are affecting the positive atmosphere on Euro
French Presidential elections are affecting the positive atmosphere on Euro... -
Inflation rate is testing record levels in Turkey
Inflation rate is testing record levels in Turkey... -
Non-farm payrolls data of the USA increased
Non-farm payrolls data of the USA increased... -
Fed's politics interest decision gives direction to the global markets
Fed's politics interest decision gives direction to the global markets... -
Oil market is trying to find a direction
Oil market is trying to find a direction at the last times....