Euro And Sterling Gain on Hopeful Brexit Negotiations – 10 September, 2018

The reassurance that Brexit negotiations are moving forward and a deal may soon be reached was enough news to help push the euro and the pound above the dollar. Sterling rose as high as 1 percent against the dollar, and was last up 0.9 percent to $1.3033. The euro rose roughly 0.4 percent to $1.15965 but hit a one month low versus the pound, falling 0.5 percent to 88.98 pence. An index tracking the dollar against the yen, euro, and sterling, was down 0.24 percent to 95.140.