Business · 2 July 2026

Pound reaches one-year euro high after yen swings

Holiday costs and imported goods prices can change when currencies shift. On Thursday, sterling climbed against both the euro and the dollar as sharp moves in the Japanese yen unsettled trading, while investors also watched political developments, oil prices and upcoming United States jobs figures. Euro fell to 85.47 pence, its lowest since June last year.

By BriefTea Editorial · 2 July 2026 at 16:40

Reported by Reuters · How we write briefs

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