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IMPROVED RISK SENTIMENT AND FISCAL STIMULUS HELPED STERLING RISE ON MONDAY

Published On 13 Jul 2020 12:25 PM


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Highlights –

  • Improved risk sentiment and fiscal stimulus helped sterling rise on Monday.
  • The British pound rose by about 2% this month.
  • Against the euro, the pound was 0.2% weaker at 89.67 pence.
  • Investors are still worried about the BREXIT transition.

On Monday the British pound rose. The sterling/dollar moved towards its 200-day moving average of $1.....


Tags : UNITED KINGDOM, STERLING, POUND, DOLLAR, STOCK MARKET, FISCAL STIMULUS,
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