Sterling heads towards highest since Brexit vote with seasonal bounce

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Sterling heads towards highest since Brexit...
 © CyprusMail 2018
The pound pushed past the $1.43 mark on Monday and approached a post-Brexit referendum high as investors’ focus shifted to data that could cement expectations of a May interest rate increase and away from Britain’s military intervention in Syria.

Traders also cited a seasonal rise in inward capital flows. Foreign companies increase dividend payments to British shareholders at this time of year, meaning sterling often performs well in April.

The United States, Britain and France struck Syria with missiles on Saturday, targeting chemical weapons facilities....


This article was automatically added to our system 16-4-2018

Sterling heads towards highest since Brexit vote with seasonal bounce


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