Pound appreciates as consumer confidence and home prices rise

Source: Bloomberg
© FP
The Sterling gained to the strongest in almost two weeks versus the greenback as report indicated the rise in house prices last month and consumer morale reached the highest level since September 2007. U.K. currency grew 0.2% to $1.6727 as of 9:47 a.m. London time after it touched $1.6744, the strongest since Feb. 17. The Sterling has added 1.7% this month, the biggest gain since November. The Pound grew 0.2% to 82.01 pence per Eurozone's currency, adding 0.8% since Feb. 21.

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