Quotes delayed at least 15 minutes. Real-time quotes provided by BATS BZX Real-Time Price. Market Data provided by Interactive Data (Terms & Conditions). Powered and Implemented by Interactive Data Managed Solutions. Company fundamental data provided by Morningstar. Earnings estimates data provided by Zacks. Mutual fund and ETF data provided by Lipper. Economic data provided by Econoday. Dow Jones & Company Terms & Conditions.
This material may not be published, broadcast, rewritten, or redistributed. ©2021 FOX News Network, LLC. All rights reserved. FAQ - Updated Privacy Policy
Investors Are On Their Own - BofA Says Fed Won t Intervene On Rates, Fears 1987 Replay
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.
Dollar rises as virus mutation rattles confidence
metro.us - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from metro.us Daily Mail and Mail on Sunday newspapers.
GBP/EUR, GBP/USD Exchange Rates Whipsaw from Huge Intraday Lows
The Pound Sterling to Euro( GBP/EUR) exchange rate has recovered from 10-day lows amid hopes for compromise in Brexit fishing talks, markets braced for further high volatility
Pound Sterling volatility will remain high with sharp moves on coronavirus fears, trade disruption and Brexit uncertainty, amplified by a lack of liquidity and market positioning into the year-end period.
Further sharp moves in the pound are inevitable in the short term, especially with very choppy trading in all major currencies.
The lack of liquidity will increase the scope for sharp moves on Brexit headlines.
FOREX-Dollar rises as virus mutation rattles confidence Reuters 12/22/2020 By Tom Westbrook Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E By Tom Westbrook SINGAPORE, Dec 22 (Reuters) - The dollar was firm on Tuesday but was well below peaks hit on Monday s wild ride higher, as a new coronavirus strain in Britain sent jitters through holiday-thinned currency markets. Sterling and the New Zealand dollar fell half a percent in cautious trade in Asia, the Australian dollar fell 0.4% and the euro was 0.2% softer at $1.2228. At $1.3308, the pound was still nearly two cents clear of a 10-day low made on Monday, when it briefly lost as much as 2.5% after the virus mutation prompted countries to cut travel links with Britain and as Brexit trade talks stalled. Low liquidity, with many traders logged out for the year, exaggerated the speed and size of the dollar s gains against other currencies, too, as stop-loss mechanisms dumped investors ou