The dollar hit a nine-month high against a basket of currencies on Monday, buoyed by expectations that the U.S. Federal Reserve will raise interest rates this year and by a receding chance of Donald Trump becoming U.S. president....read more
Sterling declined on Monday, after the currency plunged to a 31-year low on Friday in what has been described as a "flash crash" event, with investors concerned Britain will make a hard exit from the European Union....read more
Sterling plunged on Friday after what traders called a "flash crash" knocked the currency to a 31-year low, while the dollar slipped on news of unexpectedly weak U.S. jobs growth in September....read more
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