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Libra withdrawals in the middle of risk aversion

Libra withdrawals in the middle of risk aversion

News from Finanznachrichten

Brussels (DPA -AFX) – The Libra retired against its most important counterparts in the New York session on Friday, since the feeling of risk decreased after a meeting between President Donald Trump and Ukrainian President Volodymyr Zelenskyy became a match of shouts.

The heated exchange occurred when Trump and Zelenskyy met to discuss an agreement on critical rare land minerals of Ukraine in exchange for continuous aid.

The return to height, which also involved Vice President JD Vance, became increasingly tense when the leaders discussed Trump’s approach to the war between Russia and Ukraine.

Zelensky left the White House after the collapse of the conversations.

The pound touched a minimum of 9 days of 1,2562 against the Greenback. The currency is prepared to challenge support around the level of 1.21.

The pound retired to 189.06 against the YEN, from a maximum of 1 week in 190.31. This can be compared with a minimum of more than 2 weeks of 187.68. Libra can face support around the level of 182.00.

The pound decreased against Franc and was quoted to 1,1351. This can be compared with an early minimum of 2 days of 1,1310. The currency is likely to support around level 1.11.

In contrast, the pound recovered against the euro and was quoted at 0.8248. If the currency increases even more, it is likely to find resistance around region 0.81.

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