Thu, 11 Jul 2013 08:50:07 GMT
Sterling gains for second day against greenback
The British currency rose for a second straight day versus the greenback after the Fed's Bernanke stated that U.S. will maintain accommodation. The Sterling climbed 0.7% to $1.5112 as of 7:40 a.m. in London after advancing 1% on Wednesday; moreover, it slipped to $1.4814 on Tuesday, the weakest since June 23, 2010. The Pound traded at 86.56 pence per Euro.