Western Union notes:
Gains against the euro helped underpin the pound against the dollar. Sterling sentiment received quite a makeover from news last week of the fastest growth in U.K. paychecks in 4 years, encouraging news that suggested the wait for a U.K. rate hike has grown shorter.
Doubts remain about the sustainability of the pound's rise, however, with it at risk of slipping should the U.S. economy show more convincing signs of improvement.
Commentary
GBP review
Western Union notes: Gains against the euro helped underpin the pound against the dollar. Sterling sentiment received quite a makeover from news last week of the fastest growth in U.K. paychecks in 4 years, encouraging n…
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