27/12/2017 – This Morning’s Exchange Rates
- Posted by currencies in Rate Alerts
- December 27, 2017
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The exchange rates are listed at the bottom of this article. Please note that the rates are for indication only. For live quotes please contact us via phone, email or SMS.
The dollar eased against a basket of currencies and fell against the euro today in thin holiday trading, while a rally in commodity prices helped push the Canadian and Australian dollars to their highest levels in two months.
There was a flash crash on the euro/dollar 2 days back, seeing the rate drop by 3% due to low liquidity in the markets.
Traders said there was little news to support the euro’s rise, but some investors have positioned for a possible strengthening in the single currency into the new year following a stellar 2017 in which the euro had its best year against since 2003.
Sterling markets are quiet – with no economic data this week we expect the markets to stay stagnated.
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