euro

The euro has hit a nine-month high against sterling after UK industrial output grew less than expected in November.

Private bank and wealth manager C. Hoare & Co has shifted its asset allocation focus from the US to Europe for 2013 ahead of an expected boost for the single currency.

Schroders has launched the offshore ISF EURO High Yield fund for Konstantin Leidman.

Sterling fell against the dollar as Chancellor George Osborne announced the UK's fiscal austerity programme would be carried through to 2018.

Eurozone finance ministers have failed to reach a deal to give Greece the next tranche of its bailout, after 12 hours of talks.

US and Asian equity markets rallied overnight as talk of US politicians reaching a deal to avert the fiscal cliff helped sooth investor worries.

As Greece finds itself making headlines once more, eurosceptic John Redwood has warned a euro break-up is still on the cards.

London's leading index lost ground in morning trading as investors braced for a round of woeful reports from the third quarter earnings season.

A Greek exit from the single currency would be a 'catastrophe', the country's Prime Minister reiterated over the weekend.

The euro hit a four-month high today against the US dollar after German lawmakers said the country can now approve Europe's rescue fund.