Pound strengthens versus U.S. Dollar on Yellen comments

Source: Bloomberg
© Scanpix/RS
The British Sterling advanced on Thursday rising towards the strongest level in over four years versus its U.S. counterpart after the U.S. Federal Reserve Chairman Janet Yellen signaled that the bank may keep rates low pushing the Dollar down. The Pound gained 0.1% to $1.6812 as of 4:16 p.m. in London following a jump to $1.6842, the most since 2009.

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