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Euro higher against dollar as pound drifts lower

Euro higher against dollar as pound drifts lower

The euro edged higher against the U.S. dollar and the British pound drifted lower, hovering near parity with the euro in European trading Tuesday.
In morning trading, the 15-nation euro edged higher to $1.4100 after closing at $1.4091 in late trading in New York the night before.
The British pound, meanwhile, drifted lower to $1.4498 compared with $1.4555 in New York on Monday night.
The pound has been battered by abysmal economic news in Britain and now finds itself near parity with the euro, meaning Britons traveling in the euro zone are getting less value for their traditionally strong currency. On Monday, the pound hit a record low of


Updated : 2021-06-25 21:11 GMT+08:00