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via finance.yahoo.comMarkets

Pound firms as dollar retreats from Friday rally

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Sterling traded higher on Monday while the euro also gained, as the dollar gave back some of Friday's tech-selloff and payrolls-driven rally. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe dollar gave back part of Friday's gains tied to the tech selloff and payrolls-driven rally.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Sterling rose 0.43% against the dollar to $1.1188.
  2. 02The euro gained 0.03% against the dollar to $1.1988.
  3. 03An ING analyst says the dollar rally needs continued risk aversion.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
US Dollar IndexFX:DXYFX pair101.71500.00%today -0.57%Negative UK Pound Sterling/US Dollar FX Spot RateGBPUSDFX pair1.3422+0.02%today +0.59%Positive EUR/USDEURUSDFX pair1.1192-0.01%today +0.44%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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