The possibility of a demand for second referendum by Nicola Ferguson Sturgeon, leader of the Scottish National Party, and EU's tough stand against Britain made us forecast Pound's
decline against the Greenback, on March 2nd.
Not exact matches
As I said, the
greenback's been on the
decline for most of the year so far, but it slumped to a 13 - month low
against the euro last week following European Central Bank (ECB) president Mario Draghi's remark that «monetary accommodation» would continue in the European Union (EU) until at least the end of the year.
As US consumer prices
declined unexpectedly on a month - to - month basis, Treasury yields retreated, while the Dollar remained under pressure
against the Euro (although a break above 1.24 didn't happen in the EUR / USD), while the safe - haven Yen regained some of its recent losses
against the
Greenback.