Pound Climbs to Three-Year High as Vaccines Spur Growth Hopes
(Bloomberg) -- The pound advanced to the strongest level in three years as traders bet the U.K.’s economic recovery will gain traction with the rollout of coronavirus vaccines.Sterling climbed above a previous high set in February, extending its gains this year to 4.2%. Three quarters of the U.K. population will be covered with a two-dose vaccine within a month based on the current pace of inoculations, according to data collected by Bloomberg and Johns Hopkins University.“The poun...
Source: yahoo.com