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Pound slips as trouble mounts for May, US dollar edges up

13-11-2017 Hits:161 berita administrator - avatar administrator

a crucial deadline. The US dollar received a lift against its major peers as US yields spiked and as the pound stumbled, although the main investor focus was still on a planned US tax overhaul. Sterling was last down 0.55 per cent at US$1.3118, pulling away from an eight-day peak of US$1.3229 scaled on Friday on better-than-expected data on British industry. "There were some headlines released over the weekend that were negative for prime minister May, and the market began the week by digesting the reports and then sending the pound lower," said Kyosuke Suzuki, director of forex at Societe Generale in Tokyo. Market...

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