Market News
Sterling rises versus euro towards its 2-1/2-year high - REUTERS
Dec 2 (Reuters) - Sterling dropped versus the dollar and rose against the euro on Monday, with political troubles in France and the so-called Trump trade back in focus.
The euro fell on Monday on growing concerns about a possible government collapse in France, which would stall plans to curb a burgeoning budget deficit.
Meanwhile, the greenback rose as President-elect Donald Trump marked a shift from his prior advocacy of a weaker dollar by demanding that BRICS member countries not create or support another currency that could replace the dollar.
