Monday Outlook: British Pound Crashes as Investors Fly to Dollar; return of oil claws – ZAWYA

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Monday Outlook: British Pound Crashes as Investors Fly to Dollar;  return of oil claws – ZAWYA

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Zawya brings you all the latest news and information relevant to investors in the Middle East and around the world in stocks, commodities and currencies.

Pound tumbles as investors fly to dollar
Euro down 1%; The Aussie, Kiwi and Yuan hit multi-year lows

Oil claws back some losses, but strong dollar caps gains
The dollar index hit a new 20-year high on Monday, capping oil price gains

Gold hits 2.5-year low as dollar holds steady
Spot gold fell 0.3% to $1,638.59 an ounce

Pound plunges to all time low as budget plan spurs investor flight
The dollar benefited from its recovery against the yen after the shock of last week’s monetary intervention by the Japanese authorities

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