While sterling has had a slightly negative start to the week against the euro, it retains most of its gains from last week and is still 1% up on where it started the year. As mentioned on Monday,…
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EUR/USD fell by around a third of a per cent yesterday, while GBP/EUR was essentially unchanged.
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Sterling lost around half a cent against the US dollar yesterday but traded flat against the euro.
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The US dollar made up much of the value it lost to the pound and the euro on Monday.
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The US dollar pared back some of Monday’s losses in yesterday’s trading, gaining ground over the pound and the euro.
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Yesterday was a good day for major European currencies, with both the pound and the euro making ground against the US dollar.
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Sterling had a good time of it against the US dollar yesterday, but had to fight hard to end around parity against the euro.
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EUR/USD was on the rise yesterday, although the euro’s gains against the pound were wiped out as the afternoon wore on.
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