IEG Vu is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By


Sterling up against dollar before BoE decision

This article was originally published in Dairy Markets

The yen fell on Thursday morning after hitting a five-month high against the dollar and a two-month peak versus the euro on Wednesday when doubts about the health of the global economy boosted risk aversion trading. The dollar and the euro both lost over 2% against the yen yesterday, their sharpest one-day drops since March, sinking to $1 = ¥91.80 and €1 = ¥127.00 respectively. In early trading this morning the two currencies had climbed back to around $1 = ¥93.15 and €1 = ¥129.50.


What to read next




Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts