EUR/USD (EURUSD=X)
| Previous close | 0.9827 |
| Open | 0.9826 |
| Bid | 0.9967 |
| Day's range | 0.9809 - 0.9996 |
| 52-week range | 0.9540 - 1.1693 |
| Ask | 0.9962 |
- Investing.com
Dollar Static, Sterling Gains After U.K. Government's Tax U-Turn
The U.S. dollar edged higher in early European trading Monday, while sterling also gained after the U.K. government agreed to water down its plans for unfunded tax cuts. GBP/USD climbed 0.3% to 1.1188 after the British government decided to reverse the proposed scrapping of the highest rate of income tax, a plan that has been widely criticized in the governing Conservative Party as well as the country as a whole. New Finance Minister Kwasi Kwarteng announced his plan to substantially cut taxes, including the 45p highest rate of income tax, as part of a mini-budget on Sept. 23.
- Yahoo Finance
Stock market: 2022 is exposing 'freaky post-QE financial system plumbing,' BofA says
The global research team at BofA Securities, led by Michael Hartnett, has navigated the curveballs thrown by 2022 far better than most.
- Yahoo Finance UK
Sterling to bitcoin buys skyrocket as pound falls
Trading volumes between the British pound and bitcoin have skyrocketed this week.
