Against the euro, sterling has been hovering close to the highs of last week, around an 18-month high, without quite surmounting this resistance level. Perhaps not hovering so much as lurching upwards and downwards in a manner all…
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The euro once again lost value to the pound but did fight back to finish the day up over the dollar.
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The pound recorded gains of around a third of a per cent against both the euro and the US dollar on Tuesday.
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The US dollar fell back against the pound and the euro yesterday.
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The pound regained its footing yesterday to post a much more positive day against its main rivals. Tuesday was light on news but provided a reminder of just how quickly things can change in currency markets.
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There was no respite for the euro yesterday, as the single currency continued to stumble against the pound and the US dollar. GBP/EUR remains in touching distance of recent highs, while the US dollar surged by 1.1% and…
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The US dollar made large gains over the pound and the euro in Monday’s session.
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The euro continued to lose ground to its main rivals at the start of the new week.
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