FOREX-Yen slips as global tensions abate, pound gains

FOREX-Yen slips as global tensions abate, pound gains

September 5, 2019

The pound rose to its highest level against the dollar in more than a month on hopes that a no-deal Brexit would be avoided.

“Funding currencies are in retreat on a ratcheting down of tensions on a global basis,” said Karl Schamotta, Chief Market Strategist at Cambridge Global Payments in Toronto, to Reuters. Read the article here: https://reut.rs/2kx4By3

For further information, please contact Cambridge Global Payments

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