Foreign exchange markets were largely unchanged on Monday as investors tried to take stock of the global geopolitical situation at the start of the week and in a light day in terms of economic data.

Euro/dollar slipped 0.17% to 1.3386 as traders tried to anticipate what Russia's reaction might be to recent advances by government forces in Ukraine.

Brent crude futures slipped, possibly as the US carried out air raids to curtail the advance of Islamic militants in Kurdistan. That may have weighed on the single currency.

Cable edged higher by 0.08% to 1.6786 ahead of this next Wednesday's quarterly Inflation Report from the Bank of England.

Lloyd's latest consumer confidence survey revealed a retreat in the net number of respondents who now anticipate an increase in Bank Rate over the next twelve months, to 63% from 68% in the prior month.

The dollar/yen rose slightly, to reach the 102.17 mark.

In its latest monthly report the Bank of Japan toned down its optimism regarding the outlook for the country's exports, although it still expects a moderate rise.

AB

Related share prices