Sterling at Fresh 16Week High as Dollar Takes a Beating

LONDON, Dec 1 Reuters Sterling rose to a near 16week high against a broadlysoft dollar on Thursday, with currency traders looking past gloomy British manufacturing data for now. The pound was last up 0.8 against the dollar at 1.2157, its highest level since Aug. 12, breaching the previous high of 1.2153 touched on Nov. 24. […]
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Euro, European Shares Fall after U.S. Jobs Data

LONDON, Dec 2 Reuters European shares, the euro and government bond prices fell after U.S. jobs data came in above expectations, challenging hopes that the U.S. Federal Reserve may start slowing the pace of its interest rate hikes. The euro fell 0.8 to as low as 1.0430, having earlier traded a fraction higher on the […]
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