Reuters logo
Pound hits session highs after BoE's Forbes rate-hike remarks
June 22, 2017 / 7:45 PM / in 6 months

Pound hits session highs after BoE's Forbes rate-hike remarks

NEW YORK (Reuters) - Sterling touched session highs against the dollar and euro in late Thursday U.S. trading after comments from Bank of England policy-maker Kristin Forbes who said “‘lift-off’ of UK interest rates should not be delayed any longer” in a speech to the London School of Business.

British Pound Sterling and U.S. Dollar notes are seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration

At 3:31 p.m. (1931 GMT), the pound hit $1.2685 GBP= before moving to $1.2676, up 0.08 percent on the day, while the euro fell to 87.89 pence EURGBP= before bouncing up to 87.92 pence, down 0.2 percent from late on Wednesday, Reuters data showed.

Reporting by Richard Leong; Editing by Sandra Maler

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below