Dollar outshines euro, sterling amid European bank jitters

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Reuters UK

By Hannah Lang WASHINGTON (Reuters) – The euro and sterling fell sharply against a strengthening dollar on Friday amid lingering nervousness over banks. Banking stocks plunged in Europe with heavyweights Deutsche Bank and UBS Group pummelled by worries that the worst problems to hit the sector since the 2008 financial crisis have not yet been contained. The dollar index rose 0.536% at 103.140, with the euro down 0.71% to $1.0753. “Over many, many years, whenever there’s perceived or actual problems that look like they might be deep-rooted, people go to the dollar, and I think that’s probably a…

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