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By Sudeshna Ghoshal Oct 8 (Reuters) - European shares fell on Thursday as banks slid to a more than three-month low, while a fresh bond selloff and elevated oil prices stoked fears that higher inflation could hurt economic growth. The pan-European STO...
Investing.com -- Sterling traded lower on Wednesday while the euro fell to its weakest against the pound in 16 months, as firmer oil prices steadied the dollar ahead of Federal Reserve minutes and French fiscal worries weighed on the single currency.
The pound rose to 84.49 pence per euro, while markets priced an 81% chance of a BoE rate hike at its November meeting.