Sterling Rises as YouGov Poll Shows Conservatives Will Big Majority in Coming Election
Thursday, 28 November 2019 15:46 WIB | CURRENCIES |PoundsterlingSterling,pound
The British pound strengthened Thursday after a poll indicated Prime Minister Boris Johnson's Conservative Party will win the Dec. 12 general election with a comfortable majority.
The pound rose 0.2% to $1.2945 from a level of $1.2920 late Wednesday in New York. FTSE 100 futures meanwhile, indicated a weaker start for London stocks as China reacted angrily to news President Donald Trump signed a bill supporting Hong Kong protesters. That has stoked some concerns that trade negotiations could become more complicated.
A Thanksgiving holiday in the U.S. is expected to keep trading volumes thin for financial markets.
A YouGov poll for the Times predicted the Conservatives will win 359 seats, Labour 211, the Scottish National Party 43 and the Liberal Democrats 13 if the election were held now. The result would mean a 68-seat majority for Johnson. The poll indicates the second-worst postwar loss for the Labour Party.
Source : Marketwatch
Friday, 24 January 2020 23:32 WIB
The dollar rose to a near eight-week high against the euro on Friday as lukewarm European PMI data added to the broader market conviction that European central bank policymakers will maintain a loose ...
Friday, 24 January 2020 15:37 WIB
The U.S. dollar is showing some strength against the safe haven Japanese yen Friday as a degree of calmness returns to traders who have fretted all week over the new pneumonia-like virus in China.
Friday, 24 January 2020 08:51 WIB
The euro hovered near a seven-week low against the dollar on Friday after the European Central Bank was seen as more dovish than expected, while anxiety over China™s coronavirus outbreak propped up ...
Friday, 24 January 2020 00:11 WIB
EUR/USD is trading in a weak downtrend below the main simple moving averages (SMAs). Additionally, the spot is also breaking down from an ascending channel which started in October 2019. The bull flag...
Thursday, 23 January 2020 16:08 WIB
The safe haven Japanese yen gained against the U.S. dollar Thursday on a sharp bout of risk aversion, as battles to contain the new pneumonia-like virus in China intensified, although volatility remai...