Sterling at 9-mth high, euro extends gains vs dlr

LONDON, Nov 4 (BestGrowthStock) – Sterling and the euro rose to
their highest in more than nine months on Thursday as investors
continued to dump the greenback after the U.S. Federal Reserve
launched a new bout of quantitative easing.

The euro (EUR=: ) extended gains to rise to $1.4216, its
highest since Jan. 20, according to Reuters charts. Traders
said there were a variety of names bidding for the euro, with
overall client flow heavily skewed towards dollar selling.

Sterling (GBP=D4: ) was up 0.5 percent at $1.6177, having hit
a high of $1.6185, its highest since January 28.
(Reporting by London forex team)

Sterling at 9-mth high, euro extends gains vs dlr