: Over the week the pound gained 0.7% while the euro EURUSD, +0.4543% gained 0.2%, ending Friday at $1.1282 from $1.1226 Thursday, according to Market Watch. The Brexit vote:Everything you need to know about the referendum Meanwhile, the greenback gave up its early gains against the yen Friday, as the effect of Japanese officials' comments on potential currency intervention faded. Speculation that the hiatus would bolster support for the remain vote strengthened the pound GBPUSD, +1.1055% which rose to $1.4362 Friday afternoon, its highest level in a week, after tumbling to a more than two-month low early Thursday. The dollar USDJPY, -0.09% climbed early in the morning session, after Japan finance minister Taro Aso toughened his currency rhetoric, saying the government must prevent further progress in what he called a one-sided, sharp and speculation-driven appreciation of the yen. But the greenback failed to maintain gains after lack of clearer statements from other officials later in the morning. He vowed to act more firmly than before if necessary , against rapid yen movement.
(news.financializer.com). As
reported in the news.
Tagged under , topics.