The euro gained by more than half a cent against the US dollar while pushing back against a resurgent pound.
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Sterling enjoyed a strong day, climbing by 0.7% against the dollar and around 0.15% against the euro.
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The US dollar lost around two thirds of a per cent to both the pound and the euro over the course of Wednesday’s action.
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Sterling was boosted by data on Wednesday to record a 0.75% rise against the US dollar. It was a more topsy-turvy ride in GBP/EUR markets, but the pound still ended the day slightly up against its continental rival.…
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Sterling hit its highest point for well over four months yesterday against the euro. Indeed it has not been this high consistently since the summer of 2022. It may not stay this high for long this time either,…
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The euro gradually pared back some of the pounds gains yesterday, but EUR/USD still fell by 0.5%.
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Sterling climbed high against the euro yesterday but backtracked against a resurgent US dollar.
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The US dollar reversed its downward trend yesterday, gaining around half a per cent against the euro and the pound.
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