Sterling Gains 1.41% to $1.2702 — Data Talk
British pound/dollar: 1.2702 dollars per British pound (0.7873 British pound per dollar)
--This week the British pound gained 1.41% vs. the dollar
--Largest one-week percentage gain since Friday, March 8, 2024
--Up three of the past four weeks
--Today the British pound gained 0.24% vs. the dollar
--Up six of the past seven sessions
--Off 14.60% since the pre-Brexit vote level of 1.49 on Thursday, June 23, 2016
--Highest five pm New York rate since Wednesday, March 20, 2024
--Off 3.31% from its 52-week high of 1.3137 hit Thursday, July 13, 2023
--Up 5.18% from its 52-week low of 1.2077 hit Tuesday, Oct. 3, 2023
--Rose 2.06% vs the dollar from 52 weeks ago
--Month-to-date it is up 1.69% vs the dollar
--Year-to-date the British pound is down 0.24% vs the dollar
Data based on 5 p.m. ET values
Source: Tullett Prebon and Dow Jones Market Data
(END) Dow Jones Newswires
May 17, 2024 17:33 ET (21:33 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
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