Sterling Rises 0.3% to $1.3386 as Growth Remains Resilient
Convera's market insights team says steady U.K. growth, elevated government bond yields and anticipated Bank of England rate rises support sterling.
Sterling could rise further, supported by steady economic growth in the U.K., Convera's market insights team says in a note. Elevated yields on U.K. government bonds and anticipated interest rate rises from the Bank of England also make sterling appealing, they say. Sterling rises 0.3% to $1.3386…