Euro rate comes off 9 month high, while US Dollar continues to increase in price

4 October, 2011

CurrencyIndex

The Sterling to Euro hit a new 9-month high overnight, but has fallen back against sterling today, as we await UK GDP figures tomorrow morning at 9.30am.

Meanwhile, US Dollar rates are now at their most expensive for the whole of 2011, as we see investors moving funds out of the Eurozone and into the US currency amid the continuing debt turmoil.

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