Positive stability of the British pound against the US dollar in the first session of the week

Royal currency has fluctuated in a slightly bullish range, its highest figure since July 10 against the US dollar following developments and economic data followed Monday by the British Royal Economy and its US economy, the largest economy of the world, announced a new round of UK exit negotiations from the European Union this week in Brussels.

At 15:36 GMT, GBPUSD rose 0.02% to 1.3231 from opening levels at 1.344 after hitting a week high of 1.3293, trading at 1.3222.

We followed the RBA of the Rietmoff House Price Index, which showed a 0.1% drop of 0.4% in June, while the same index showed slower growth at 1.4% vs. 1.7% Before we see statements from the British government spokesman, in which he noted that there will be no second referendum on the release of the Great Britain. Brittany of the European Union.

On the other hand, we tracked the US economy with reading retail sales accounting for about half of consumer spending, accounting for more than two-thirds of US GDP, which slowed at 0.5% against 1.3% in May. Beyond expectations of 0.4% The base reading of the same index also showed a slowdown in growth to 0.4% in line with gains against 1.4% in May.

In the same context, we also followed the world's largest economy and the largest industrial nation in the world, revealing the reading of New York's industrial index, which was shrinking at 22.6 from 25 , 0 last June. , Leading to a reading of wholesale values ​​that showed an acceleration of growth to 0.4% in line with expectations against 0.3% in April.

On the other hand, investors look into the semi-annual policy of Federal Reserve Governor Jerome Powell on monetary policy before the Senate Committee on Banking, Housing and Urban Affairs Tuesday and before the House Financial Services Committee Wednesday. Following the presentation of a summary report of the discussions on monetary policy and economic developments as well as the prospects of the Federal Reserve by the end of last week for the Congress. id)) {return;} js = d.createElement (& # 39; script & # 39;); js.id = id; js.async = true; js.src = "http://connect.facebook.net/ar_AR/all.js#appId=&xfbml=1";d.getElementsByTagName('head')[0].appendChild (js); } (document)); [ad_2]
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