Sterling holds near 16-month high against the euro
Sterling hovered near a sixteen-month high against the euro as easing fiscal concerns and expectations for Bank of England rate hikes supported the currency. Meanwhile, analysts monitor upcoming budget risks and trade discussions.
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Sterling held near a 16-month high against the euro on Tuesday after easing fiscal concerns and rising rate expectations bolstered the currency. The pound climbed 0.19% to $1.334 against the United States dollar as West Texas Oil prices dropped.
