Thursday, 06 Aug 2020 11:13 PM MYT
Much of the gain in the pound came shortly after the BoE announcement. The currency rose as much as 0.5 per cent, extending its run to a high of US$1.3184, its highest since March 9, before easing to US$1.3144, up 0.2 per cent on the day. “Overall, the BoE’s economic outlook is relatively less dovish than expected and the absence of a strong signal in favour of negative rates opens the door for further pound gains in the near-term,” MUFG analysts told clients.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump sows confusion with tweet urging 'vote by mail' in Florida | Malay MailWASHINGTON, Aug 5 — After weeks of railing against what he has claimed are the potential risks of voting by mail, President Donald Trump yesterday urged voters in at least one Republican state — Florida — to vote by any means. Trump, who is trailing presumptive Democratic nominee Joe Biden in...
Source: malaymail - 🏆 1. / 86 Read more »
German football clubs agree plans to allow fans to return next month | Malay MailBERLIN, Aug 4 — Football clubs in Germany’s top two divisions on Tuesday agreed to plans drawn up by the league which could allow the partial return of fans to stadiums from mid-September, despite the coronavirus pandemic. Under the plans proposed by the German Football League (DFL) for the new...
Source: malaymail - 🏆 1. / 86 Read more »
National Art Gallery to close for major renovation from next month until October 2021 | Malay Mail KUALA LUMPUR, August 5 – The National Art Gallery located in Jalan Tun Razak is closing for major renovation work starting from next month, after operating for 20 years. In a press release, the National Art Gallery states it will be going through a huge scale renovation involving the...
Source: malaymail - 🏆 1. / 86 Read more »
Ringgit climbs to five-month high vs greenback | Malay MailKUALA LUMPUR, Aug 6 — The ringgit climbed to a near five-month high against the US dollar at the opening, spurred by global funds chase for yield. At 9am, the ringgit stood at 4.2110/2160 against the greenback from 4.2180/2230 recorded at 6pm yesterday. AxiCorp chief global market strategist...
Source: malaymail - 🏆 1. / 86 Read more »
Malaysian political leaders urged to embrace spirit of national month | Malay MailKUALA LUMPUR, Aug 5 — Political leaders should have a better appreciation of the National Month, including aspects of its celebration, said Gerakan National Unity Bureau head H. Puvaniten. According to him, there are many responsibilities that need to be emphasised such as the appreciation of the...
Source: malaymail - 🏆 1. / 86 Read more »
Ringgit ends broadly higher, hits five-month high against greenback | Malay MailKUALA LUMPUR, Aug 4 — The ringgit was traded broadly higher against a basket of major currencies today and ended at five-month high versus the US dollar. AxiCorp chief global market strategist Stephen Innes attributed the better performance to the weakening greenback and stable global oil prices....
Source: malaymail - 🏆 1. / 86 Read more »