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EURGBP - Euro rises as speculators unwind short positions, dragging sterling higher
Euro strength took the pound to a one-week high of $1.3075 GBP=D3. Sterling gained some ground against the euro too, rising to a four-day high of 85.17 pence EURGBP=D3. The rise in sterling was helped ...
Aussie buoyed by trade optimism, sterling sags again
We see the GBP becoming stronger, but on a jagged path." Against the euro, sterling was flat at 85.75 pence EURGBP=D3. The dollar index, which measures the U.S. currency against a basket of currencies ...
Asia stocks drift lower as holiday lull counters trade cheer
Asian shares and U.S. stock futures darted in and out of losses on Tuesday, as the holiday lull offset optimism that a U.S.-China trade deal will boost exports and corporate earnings. MSCI’s broadest ...
The British Pound: UK Job Data And Investment Key To BoE Rate Decisions And Sterling Outlook
Light volume may help it drift higher again into the mid-range area between 1.3 support and the 1.35 resistance. EURGBP meanwhile has stalled in the 0.85-0.855 area as some Euro weakness entered the ...
Sterling falls to three-week low against dollar
The pound fell to a low of $1.2905 GBP=D3, down 0.6% on the day. It was also 0.6% lower versus the euro at 85.79 pence EURGBP=D3, hitting its lowest level in over three weeks. “The direction of ...