Sterling advances for second straight day against greenback

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Source: Bloomberg
© Scanpix/Reuters
The British Pound appreciated for a second straight day versus the greenback as an report showed U.K. home-prices rose the most in one and a half year in May. House prices increased 1.1% compared to the last year; average house value reached 167,912 Pounds ($254,700) as it jumped 0.4% from April . The British currency gained 0.2% to $1.5156 as of 9:03 a.m. in London, while it traded at 85.52 pence per Euro.
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Thu, 30 May 2013 10:39:06 GMT

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