The pound is dipping very against the dollar and euro on Tuesday morning after a suspected terrorist attack in Manchester.
At least 22 people have died and over 50 injured after an explosion at Manchester Arena after an Ariana Grande concert.
CMC Markets chief market analyst Michael Hewson says in an early morning email: “The pound had a rather disappointing start to the week and appears to have been broadly unaffected by last night’s terror in Manchester.”
Sterling is down 0.11% against the euro at 7.00 a.m. BST (3.00 a.m. ET):
The pound is down around 0.07% against the dollar at 7.00 a.m. BST (3.00 a.m. ET):
More from Oscar Williams-Grut:
- TransferWise launches new business account and plans foreign exchange card
- Stripping Britain of a €930 billion daily business after Brexit could cost investors €100 billion
- Startup bank Tandem names new CTO after former tech chief leaves for Dubai
- HSBC tech chief on digital challenger banks: ‘We are building similar stuff ourselves’
- Eve Sleep’s IPO is a window into the crazily competitive, high-growth world of online mattress sales right now
See the latest EUR-USD movements here.
Business Insider Emails & Alerts
Site highlights each day to your inbox.