Pound strengthens on speculation of less stimulus

Note: This section contains information in English only.
Source: Bloomberg
The Pound headed for a second-day advance versus the U.S. Dollar on speculation the BOE will refrain from adding stimulus at the meeting of policy makers next week. Sterling rose against almost all of its major peers as the SNB said it increased amount of pounds in the foreign-exchange reserves. The pound gained 0.3% to $1.6113 after rising 0.3% yesterday. Sterling advanced 0.2% to 80.45 pence per Euro, following a 0.5% drop over the past 3 days.
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