Sterling gains against U.S. Dollar on positive economic outlook

Source: Bloomberg
© Scanpix/Agence France-Presse
The British currency appreciated for third straight day versus the greenback on bets that the economic recovery will impact the case for the BoE to increase interest rates sooner. The Pound added 0.3% to $1.6648 as of 9:59 a.m. in London, while the currency slipped 0.3% to 82.13 pence per Euro after climbing 1.2% yesterday, the biggest advance since December 18.
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