Open Demo Account
Home / Market Update / Sterling Bouncing Above 1.3100

Sterling Bouncing Above 1.3100

Adel 24 August, 2020 5:03 pm Market Update

The British pound bounced back to trade above 1.3100 after failing to maintain stability above this level, with pressure on the US dollar and a return to activity in riskier currencies.

The pound sterling is currently trading at 1.3128 levels, up about 0.3%, after it was trading below the 1.3100 level in earlier trading.

The dollar index, which measures the performance of the greenback against a basket of 6 major currencies, is trading at 92.9340 points, down by 0.34%.

Tags

Check Also

Coca-Cola Delivers Strong Earnings Boost as Investors Debate Whether the Rally Has Gone Too Far

Coca-Cola kicked off 2026 with stronger-than-expected financial results, fueled by rising consumer demand, successful marketing …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends