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Sterling soars on UK election outcome

The Conservatives' victory, their first all out majority in 23 years was cheered by investors which saw a further 0.5% gain on most major pairs

By Richard Nehme | May 11, 2015 10:17 BST
Euro continues to benefit from weaker USD
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Euro continues to benefit from weaker USD

Alaska wild salmon fisheries re-certified ‘sustainable’ by MSC

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International News

EUR/USD strengthened for a fourth week Friday touching a high of 1.1286. Furthermore the Dollar depreciated against the currencies of every industrialised nation except New Zealand, as declining treasury yields and disappointing economic data moved it lower, while rising oil prices pushed several of its commodity-dependent rivals higher [...]

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