10 things you need to know in markets today
|01/16/2018||Posted by BusinessMediaguide.Com under General World News||
Good morning! Here’s what you need to know on Tuesday.
1. The value of the pound has risen above $1.38 for the first time since the Brexit referendum, thanks to a weakening dollar and rising hopes that other European Union members will seek a relatively “soft” Brexit, the Times reported. Sterling climbed to a high of $1.3819 yesterday afternoon, a rise of almost four cents since Thursday and a level not seen since the surprise EU referendum result caused the pound to plunge by 15 per cent.