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Currency Converter, Exchange Rates, Currency news | Reuters.co.uk:
Currency Converter, Exchange Rates, Currency news | Reuters.co.uk:
Sterling hits 8-week low vs euro
LONDON, June 29 (Reuters) - Sterling hit an eight-week low against the euro on Wednesday as the single currency gained broad support ahead of a Greek vote on dramatic austerity measures, which many in the market expected would pass. The euro edged up to 89.86 pence, its strongest since early May. While the euro was bolstered, sterling struggled a day after Bank of england policymakers kept alive the possibility of more monetary easing. (Reporting by London Forex Team)
LONDON, June 29 (Reuters) - Sterling hit an eight-week low against the euro on Wednesday as the single currency gained broad support ahead of a Greek vote on dramatic austerity measures, which many in the market expected would pass. The euro edged up to 89.86 pence, its strongest since early May. While the euro was bolstered, sterling struggled a day after Bank of england policymakers kept alive the possibility of more monetary easing. (Reporting by London Forex Team)
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