The British Pound Sterling on Monday, November 28, slumped by 0.6% at 1.2402 against the dollar. The US dollar index is little changed at 101.47 after selling off earlier in Asian trade.
The index was down against all the majors, save the British pound. On the data front, Dallas Fed will be out at 10:30 a.m. ET.
“Sterling cannot get out of its own way,” Global head of currency strategy, Marc Chandler, said.
The euro is little changed at 1.0590 against the dollar. The Japanese yen is up by 0.6% at 112.60 per dollar. Earlier, the Bank of Japan posted a net loss of 200.2 billion yen ($1.8 billion) in the six months through September – its first loss in four years.
The Russian ruble is little changed at 64.9585 per dollar, while Brent crude oil, the international benchmark, is up by 0.8% at $48.62 per barrel.
