Investing.com – The pound sterling and the euro rose slightly Thursday, with investors remaining focused on the Brexit and the last policy meeting of the european central Bank this year.
The british pound was on the defensive, with the GBP / USD winner 0.3% 1.2671 at 03h45 ET (0845 GMT).
During the last session, it had rebounded to 1,2478, its lowest level in 20 months, to reach 1.1 per cent after the First minister Theresa May has survived a vote of no confidence.
Any respite for the pound sterling, however, should be brief, since May doesn’t seem on the verge of accepting his agreement on the Brexit by the parliament, which could cause the output chaotic in march.
May was now heading to Brussels for a summit of leaders of the european Union. Although the EU will not renegotiate not the current agreement on the Brexit, she may be willing to give greater assurances about the temporary nature of the support the irish.
Remaining in Europe, the european central Bank is about to officially end its bond buying program Thursday, but his vision of the growth will be more dark, which raises additional risks.
The fiscal crisis in Italy also remained topical after the government has proposed to reduce its deficit goal and 2.04% of gross domestic product, which is lower than the level of 2.4% that the european Commission had judged to be too high.
The euro was up about 0.1 percent to 1,135.
Elsewhere, the dollar index, which measures the greenback’s strength against a basket of six major currencies, was down 0.1% 96,92.
Investors will remain turned to the trade between the United States and China to see if new information materializes, the recent signs indicating that the two largest economies in the world will be able to resolve their differences have stimulated the feeling.
– Reuters contributed to this article.
