The U.S. dollar recovered after falling to its lowest level since April 2018 on Monday, as surging coronavirus cases undermined bullish sentiment that had begun the new year across global markets and pushed investors into riskier currencies, such as the Chinese yuan and the euro.
LONDON (Reuters) -The pound weakened against the dollar and euro on Britain's first day of trading outside the European Union on Monday, as warnings of tighter UK lockdown measures outweighed the relief over the last-minute Brexit trade deal.
Sterling extended gains on Thursday, rising as much as 0.6% versus the euro after news that trading platforms in the European Union can be used by UK market participants for up to three more months to avoid disruption to swaps trading.
NEW YORK (Reuters) -The dollar posted its biggest yearly loss since 2017 on Thursday, capping off a manic year that saw the currency serve as a safe haven in March when panic over the spread of COVID-19 in the United States peaked, before dropping on unprecedented Federal Reserve stimulus.
NEW YORK (Reuters) -The euro, Aussie and New Zealand dollars all posted more than two-year highs against the struggling greenback on Wednesday as investors bet on more U.S. fiscal support and positioned for year-end in light trading volume.
NEW YORK (Reuters) -The dollar pared losses on Tuesday after earlier reaching a more than two-year low against the euro, but remained lower on the day as investors weighed whether an increase in U.S. fiscal stimulus is likely.
NEW YORK (Reuters) -The euro was boosted on Monday as risk sentiment improved in the wake of Britain's trade deal with the European Union and U.S. President Donald Trump's decision to approve a new fiscal stimulus package.
The pound hovered below a 2-1/2-year high on Friday after Britain and the European Union struck a narrow Brexit trade deal, while overall sentiment in currency markets was tempered by a stalled U.S. coronavirus economic relief package.
LONDON (Reuters) -Sterling retreated from session highs on Thursday to hold below the $1.36 mark as news of the eleventh hour UK-EU trade deal confirmed markets' expectations that an agreement was imminent.
Sterling rose to $1.36 on Thursday and was set to scale the 2-1/2 year highs hit last week as markets awaited confirmation that Britain and the European Union had finally clinched a deal to govern trade when the Brexit transition ends on Dec. 31.
| FTSE 100 » | 6,571.88 | +1.72% |
| Euro Stox » | 1,548.28 | +0.76% |
| S&P » | 3,700.65 | -1.48% |
| Nikkei 225 » | 27,258.38 | -0.68% |
| GB 10YR |
+0.170
|
-0.005 |
| DE 10YR |
-0.603
|
-0.004 |
| JP 10YR |
+0.017
|
-0.004 |
| GBP / USD » | 1.3569 | -0.75% |
| EUR / GBP » | 0.9019 | +0.76% |
| GBP / JPY » | 139.9400 | -0.76% |