UK, US stock markets take dive, EU markets up as greenback halts advance

26.04.2024

The dollar retreated slightly from a five-month high on Monday, after its biggest weekly gain since 2022, as the prospect of stubbornly high U.S. interest rates and escalating conflict in the Middle East gave support.

The U.S. currency rose 1.6% against a basket of six major currencies last week after a...