Sterling fell against the euro on Monday, although losses were limited as most analysts said they expect Britain and the European Union to soon conclude a Brexit deal.

The safe-haven yen and dollar rose on Friday after President Donald Trump tested positive for COVID-19, rattling investors just a month before November's U.S. presidential election.

Sterling rose on Friday, after German Chancellor Angela Merkel said she had no breakthrough to announce from EU talks with Britain but remained optimistic that a deal on their post-Brexit trade relationship was still possible before year-end.

The dollar kicked off the fourth quarter on a sour note, falling to a more than one-week low on Thursday against a major currency basket, as hopes for U.S. fiscal stimulus cheered investors and spurred them to seek higher-yielding but riskier currencies.

Sterling was set to end at a loss on Thursday after markets swung on contradicting assessments of prospects for Britain and the European Union to reach a Brexit deal.

Sterling fell against the dollar and the euro on Thursday after a report that Britain and the EU were still far apart on the key issue of state aid in Brexit trade talks, with the launch of an EU legal case against the UK dealing another blow.

The dollar fell against most currencies in choppy trading on Wednesday, as risk sentiment improved on renewed hopes for another stimulus package that could help ease the economic pain of the coronavirus-induced recession.

Sterling rallied in late London trading on Wednesday as market makers adjusted their positions on the last day of the month and the third quarter.

The dollar on Tuesday dropped from near last week's two-month highs, as investors capitalized on recent gains in the greenback and cautiously looked ahead to the first debate between U.S. President Donald Trump and Democratic challenger Joe Biden.

Sterling erased earlier gains against the dollar on Tuesday after Bank of England Governor Andrew Bailey warned the economic recovery may not be as strong going forward and did not entirely rule out using sub-zero interest rates if needed.

Asian markets look set to rise on Tuesday, building on newfound momentum after bargain hunters helped a recovery in U.S. markets after last week's selloff.

The dollar retreated from a two-month high against a basket of currencies on Monday as equities rallied after four straight weeks of declines ahead of a busy week of economic data and political developments in the United States.

The British pound rose more than 1% on Monday on hopes that Britain could secure a Brexit trade deal with the European Union by October or at least avoid a cliff-edge exit from the bloc.

Britain may be heading for a no-deal Brexit in three months, but among traders in London the feeling so far is one of deja vu rather than a panicky rush to dump UK assets.

The dollar gained ground on Friday and measured its biggest weekly gain since early April as investors worried about a slowing economic recovery, rising coronavirus infections in Europe, uncertainty about U.S. stimulus, and the upcoming elections here.

Sterling erased earlier gains in a choppy session on Friday as investors hoped Britain's new scaled-back job support scheme will be followed by other fiscal measures, but feared talks about a move to sub-zero rates could also intensify.

Sterling lost some steam but remained above $1.27 in later trade on Thursday after British finance minister Rishi Sunak announced a new job support scheme but said unemployment would rise.

The U.S. dollar traded at a two-month high and was set for a fifth day of gains on Thursday as investors sought safety on concerns over economic recovery as coronavirus cases surged in Europe and on U.S. data showed rising unemployment claims.

The dollar gained for the fourth day in a row and traded at a more than eight-week high on Wednesday, as U.S. equities fell and investors questioned the pace of the global economic recovery on rising coronavirus cases and weak economic data in Europe while investors grappled...

Sterling had a turnaround of fortunes towards the end of the European session on Wednesday, rising as much as 0.6% against a weaker euro, with investors seeing some room for cautious optimism over the impending Brexit deadline.