POUND LIVE: Sterling up on euro and dollar ahead of interest rate decisions

POUND LIVE: Sterling up on euro and dollar ahead of interest rate decisions
 

Sterling was up 0.1 per cent to £1.3432 against the US dollar and 0.05 per cent to ¢1.3540 against the euro in early trading. 
The dollar was still reeling from the US Federal Reserve’s decision to raise interest rates by 25 basis points to 1.5 per cent on Wednesday, despite persistently low inflation, a move interpreted negatively by currency markets. 
The euro continues to gain momentum against the pound after falling to a five month low of ¢1.1473 on Friday, when the UK finally struck a deal with the EU to mover to the second stage of Brexit negotiations - sending the pound up.
Trading... read more

 
14 December 2017 in Business, Views: 48
Share:
 




News Widget for Webmasters


Realtime News

 

«
»
Mo Tu We Th Fr Sa Su
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31