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Sterling

Pound climbs against weaker euro, gains seen as temporary
Markets

Pound climbs against weaker euro, gains seen as temporary

  • Markets are pricing sub-zero rates from Britain's central bank as early as May 2021.
  • Euro-sterling remains above the 0.90 (pence) level as the build-up of rate cut expectations (following the third lockdown) offsets the positive effect of the UK-EU trade deal
Published 08 Jan, 2021 09:34pm
Markets

Sterling slips

LONDON: Sterling fell on Wednesday as the US dollar bounced off earlier lows after the Democrats took the lead in...
Published 07 Jan, 2021 03:15am
Dollar whipsaws as virus mutation rattles traders
Markets

Dollar whipsaws as virus mutation rattles traders

  • Experts said there was no evidence that vaccines would not protect against the new virus variant, but Britain's chief scientific adviser said that in the meantime tighter restrictions on public life in Britain were likely.
Published 22 Dec, 2020 10:27am