Dollar Falls on Pound’s Rally After U.K. Election - News Summed Up

Dollar Falls on Pound’s Rally After U.K. Election


The dollar fell Friday, pressured by a postelection rally in the British pound. The WSJ Dollar Index, which measures the U.S. currency against a basket of 16 others, was down 0.1% at 90.24, pressured by a 1.3% rally in the pound. Investors have piled into the British currency on expectations that a resounding victory by Conservatives in the...


Source: Wall Street Journal December 13, 2019 17:24 UTC



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