Global marketsUpdated November 9

Sterling recovers most of Friday’s dollar losses.

Sterling had lost ground on Friday; on Monday, it made back most of those losses against the dollar. Asharq Al-Awsat reported the rise amid easing concerns about AI-related shares. By the London close, sterling stood at $1.3415, up 0.47%. The euro told a different story: the pound slipped 0.08% against it, to €1.1975. So this was a recovery with a clear limit—it showed up against the dollar, not across the board.

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Coverage started November 9