GBP/USD clings to six-week high around 1.3500 as weaker USD joins Brexit, Omicron woes By anilpanchal7 GBPUSD Brexit Coronavirus RiskAppetite YieldCurve
GBP/USD grinds higher at the highest levels since November 19 after the biggest daily jump in a week.New Brexit laws, UK Diplomat Truss’ readiness keep Article 16 threat on table challenge pair bulls.GBP/USD remains on the front foot around 1.3485-90 during Thursday’s Asian session, after refreshing the multi-day top to 1.3599 the previous day.
That said, US 10-year Treasury yields jumped the most in three weeks to refresh monthly high around 1.557%, up 7.6 basis points by the end of Wednesday’s North American session. The reason could be linked to a disappointment from the weak seven-year bond auction. “The seven-year notes sold at a high yield of 1.48%, around two basis points higher than where they had traded before the auction,” said Reuters.
Talking about Brexit, European Commission Vice President Maroš Šefčovič has already warned of a no-deal Brexit if the UK reiterates the threat of activating Article 16. However, British Negotiator Liz Truss is in no mood to turn down the pressure, which in turn suggests another round of drama in the next year’s Brexit talks. Also negative were the fears of a food supply shortage due to the fresh Brexit laws that will be live from early 2022.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
A 3,500-Year-Old Egyptian Pharaoh's Mummy Was Just UnwrappedA team of researchers from Cairo University just looked inside Egyptian Pharaoh Amenhotep I's mummy thanks to three-dimensional CT scanning.
Read more »
Egyptian Mummy of Amenhotep I ‘Digitally Unwrapped’ to Reveal Its Secrets After 3,500 YearsCT scans used to “digitally unwrap” the mummy of of Amenhotep I yielded surprising new insights into the unusual circumstances surrounding his mummification and burial
Read more »
Egyptian Pharaoh’s Mummy ‘Digitally Unwrapped’ After 3,500 YearsThe mummy of the Egyptian pharoah Amenhotep I, who lived more than 3,500 years ago, has been “digitally unwrapped,” thanks to CT scans
Read more »
The 3,500-year-old mummy of an Egyptian king 'digitally unwrapped'Egyptian scientists have digitally unwrapped the mummified remains of the pharaoh Amenhotep I, revealing tantalizing details about the life and death of the Egyptian king for the first time since the mummy was discovered in 1881
Read more »
Mummy of 3,500-year-old Egyptian pharaoh ‘digitally unwrapped,’ revealing ‘unprecedented detail’This was the only royal Egyptian mummy discovered in the 19th and 20th centuries that had not yet been opened for study.
Read more »
3,500-year-old mummy of Egyptian king has been 'digitally unwrapped' for the first timeUsing non-invasive, digital techniques, Egyptian scientists have used three-dimensional computerized tomography scanning to unwrap the 3,500-year-old mummy and study its contents.
Read more »