Asian session: The pound climbed
20.06.2016, 06:27

Asian session: The pound climbed

June 20 Sterling rallied early on Monday as momentum swung in favour for Britain to remain in the European Union just days ahead of a referendum, helping underpin risk sentiment which in turn weighed on the safe-haven yen.

The pound climbed 0.9 percent to $1.4483, extending a recovery from last week's two-month trough of $1.4013. It jumped 1.7 percent to 151.75 yen, pulling well away from a three-year trough of 145.34 set on Thursday.

Investors took heart after three of six opinion polls published over the weekend showed a shift towards keeping Britain in the EU, but the June 23 vote still looked too close to call.

Indicating a general pick-up in risk appetite, U.S. stock futures rose 0.9 percent, suggesting a positive open on Wall Street later in the day.

As a result, the yen dipped across the board - a move that may help ease worries about the strength in the currency.

On Friday, Finance Minister Taro Aso said he was deeply concerned about "one-sided, rapid and speculative" currency moves and would respond urgently if needed - a hint at possible yen-selling market intervention.

The dollar climbed 0.6 percent to 104.68 yen, while the euro put on 1.1 percent to 118.72 yen.

Against the greenback, the common currency edged up 0.5 percent to $1.1333. The dollar index eased 0.4 percent to 93.825.

The Australian dollar, usually sold off in times of heightened risk aversion, gained 0.4 percent to $0.7422 . It rose 0.9 percent on the yen to 77.67.

Analysts warned there is little conviction in markets and moves could easily reverse if sentiment turned negative.

"Price action seemed very tentative everywhere, reflecting a mild trimming of ultra-cautious positions ahead of this week's Brexit referendum," analysts at ANZ wrote in a note to clients.


EUR / USD: during the Asian session, the pair was trading in the $ 1.1310-55

GBP / USD: during the Asian session, the pair is trading in the range of $ 1.4435-1.4560

USD / JPY: during the Asian session, the pair was trading in range Y104.40-60


Based on Reuters materials

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik