Sterling appreciates on speculation BoE will refrain from stimulus

The British Pound appreciated on Wednesday rebounding from its weakest level in two weeks amid speculation that the Bank of England will decide not to boost the economy with further stimulus measures usually weakening the currency. The Sterling increased 0.2% to $1.5141 following a drop to its lowest level since March 20 at $1.5076 and it was 84.84 pence per Euro.