Dollar hits highs against pound and euro

Thu, 31 Dec 09 09:33 am

Our final news installment of the year sees the pound hitting a ten day high against the dollar. Year-end position adjustments led to a broad sell-off in the greenback as price movements were generally exaggerated due to thin trading.

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Dollar hits highs against pound and euro

Wed, 23 Dec 09 10:11 am

The pound dipped near a two month low against a strong dollar this morning which trades close to a three month high versus the euro in the run up to Christmas.

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Pound pushes back against sturdy dollar

Tue, 22 Dec 09 09:52 am

The euro and the British pound surged higher just ahead of the opening bell in Europe, adding 0.4% apiece against a dollar that remains strong.

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Dollar hits high against euro

Mon, 21 Dec 09 10:04 am

The pound held steady against the dollar which trades at a three month high against the euro this morning. A final reading of third quarter gross domestic product data due on Tuesday and minutes to the Bank of England's December policy meeting on Wednesday will be the highlights of a holiday-shortened week.

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Pound recovers in cautious market

Fri, 18 Dec 09 10:00 am

UK currency made a recovery despite caution awaiting today’s figures. The euro has also regained lost ground against a dollar that has slowed down after a hectic week of rallying against major currencies.

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Sterling falls further against dollar

Thu, 17 Dec 09 09:53 am

Sterling is down this morning against a broadly stronger dollar. The euro has stumbled to its weakest against the greenback in three months after Greece’s downgrade reignited credit concerns.

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Dollar strong as pound dips

Wed, 16 Dec 09 09:34 am

The pound dipped against the dollar and the euro this morning as investors await UK labour market data. The greenback reached highs against the euro amid signs of a recovery in the US economy.

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Pound up on the euro

Tue, 15 Dec 09 12:39 pm

UK currency rose against a weak euro but fell against a buoyant dollar earlier today, caught between flows in the two larger currencies pushed by investor anxiety surrounding the Austrian banking sector.

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Euro gains from Dubai rescue

Mon, 14 Dec 09 09:50 am

The euro rallied against the dollar this morning while the pound pared its declines as stocks rebounded after Abu Dhabi pledged to bail out Dubai. The yen has also made considerable gains after the Tankan index of confidence among Japanese manufacturers increased.

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Sterling stems losses

Thu, 10 Dec 09 10:01 am

UK currency recovered some ground against the dollar and euro today, as investors bought the pound back at cheaper levels after it was sold in the wake of the UK pre-budget report. Australian and New Zealand currency were both up and Switzerland's central bank is due to meet later, with no change in rates expected.

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Today's Currency News

The Pound has begun to drop against both the Euro and the US Dollar following surprisingly poor data...

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