Pound Falls As U.K., France Clash Over Fishing Rights Escalate
2021年11月1日 - 05:11PM
RTTF2
The pound depreciated against its major counterparts in the
European session on Monday, as the row between the U.K. and France
over a post-Brexit fishing rights intensified, with both sides
exchanging threats over operations in British waters.
Foreign Secretary Liz Truss said that the UK will not back down
following "unreasonable" threats from French President Emmanuel
Macron over access to the port.
Truss said that the UK will invoke dispute resolution measures
in the Brexit trade deal to avail "compensatory measures," if
Macron administration escalates its threats.
Macron on Sunday warned that France will bar U.K. fishing boats
from its ports and intensify checks on the U.K. exports from
Tuesday, unless the country grants more permits for French boats to
resolve the dispute.
U.K. Prime Minister Boris Johnson said that his position has not
changed, adding that he was confused to read a letter from the
French PM explicitly demanding Britain to be punished for leaving
the EU.
Final data from IHS Markit showed that the UK manufacturing
activity growth improved in October for the first time in five
months but output expanded at slower pace due to rising supply
chain disruption, staff shortages and falling foreign demand.
The Chartered Institute of Procurement & Supply
manufacturing final Purchasing Managers' Index rose to 57.8 in
October from 57.1 in September. The flash reading was 57.7.
The pound fell to more than a 2-week low of 0.8479 against the
euro and nearly a 3-week low of 1.3642 against the greenback, off
its early highs of 0.8437 and 1.3691, respectively. The pound is
seen facing support around 0.86 against the euro and 1.34 against
the greenback.
The pound depreciated to more than a 2-month low of 1.2472
against the franc, from a high of 1.2545 seen at 11:30 pm ET. The
pound is likely to challenge support around the 1.22 mark.
Reversing from an early high of 156.49 against the yen, the
pound edged down to 155.81. On the downside, 153.00 is possibly
seen as the next support level for the currency.
The latest survey from Jibun Bank showed that Japan's
manufacturing sector continued to expand in October, and at a
faster pace, with a Manufacturing PMI score of 53.2.
That's up from 51.5 in September and it moves further above the
boom-or-bust line of 50 that separates expansion from
contraction.
Looking ahead, U.S. ISM manufacturing PMI for October and
construction spending for September are due in the New York
session.
Sterling vs Yen (FX:GBPJPY)
FXチャート
から 2 2024 まで 3 2024
Sterling vs Yen (FX:GBPJPY)
FXチャート
から 3 2023 まで 3 2024