The dollar handed back its post-inflation rally overnight, and unexpected UK growth in August has given the pound a lift against it.
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The pound strengthened against the US dollar on Tuesday and remains close to a 15-month best against the euro, which continues to trade under heavy pressure.
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A quiet day for currencies saw the US dollar continue to dominate the pound and the euro. Sterling strengthened against the euro on Monday but the recent divide between European currencies and the performance of the dollar has…
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The euro remains firmly under pressure having recorded its second consecutive week of losses against the pound and the US dollar last time out. Sterling begins Monday slightly stronger against the US dollar but still around four cents…
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Although it has drifted a little since Wednesday’s fresh 16-month high against the euro, the pound remains within striking distance. It has also gained a quarter of a cent on the US dollar, after a day when the…
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The yield on ten-year US government debt rose to its highest level since 2002 on Wednesday.
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Sterling remains camped close to its strongest level in seventeen months against the euro to start Wednesday. At the same time, a less constructive environment for the US dollar saw the pound pick up close to a cent…
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The euro opens Tuesday close to its lowest in 18 months against the pound and the US dollar. News that Spain will head to the polls at the end of November combined with lingering concerns about French government…
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