The dollar pulled ahead from a nine-day low on Thursday, largely helped by the p...
TOKYO - The dollar pulled ahead from a nine-day low on Thursday, largely helped by the pound snapping back after a sharp rally made on Brexit relief.
The dollar index, a gauge of the currency’s strength against six major counterparts, was up 0.1 percent at 96.633. It shed 0.4 percent overnight, at one point brushing a nine-day trough of 96.385. Sterling was down 0.65 percent at $1.3254 after climbing to $1.3380 the previous day, its strongest since June 2018.
“The market wants to take a look at how the vote on delaying the Brexit departure pans out and get an idea on how long the postponement would be, and sellers have emerged amid this pause.”
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