Pound hits five-month high against dollar - Business - Evening Standard
       

Pound hits five-month high against dollar

Share Share this article Email this article Print this article
Related Articles
Suggested Topics

29 July 2010

Sterling hit a five-month high against the US dollar today as traders bet on the UK's economic recovery.

The pound rose 0.58 cents to $1.5656 against a broadly weaker greenback before settling at $1.5649.

The recovery in Britain looks stronger than many feared following the worst slump since the Great Depression.

Traders are less confident about the US ahead of figures tomorrow which are expected to show its economic recovery slowed over the spring.

Comments

Share Share this article Email this article Print this article
Related Articles

Top stories in Business

City Spy: Americans aren’t Havana laugh at our jokes
Interview: Let’s put out a welcome mat for our big-spending visitors
On Property: Noel bares all… down to the bottom line
Lingerie double lift as Victoria’s Secret and Agent Provocateur expand their briefs
Mallett swings into buying mode after showroom move pays off
Goldman hired by Spain to advise on struggling Bankia
Market Round Up: Facebook effect cheers traders but fails to lift market gloom
G4S brings in former Deloitte chief
Grexit Strategists: how algorithms could make or break the euro
LSE boss Rolet ‘optimistic’ on single currency

Top stories in Business

City Spy: Americans aren’t Havana laugh at our jokes
Interview: Let’s put out a welcome mat for our big-spending visitors
On Property: Noel bares all… down to the bottom line
Lingerie double lift as Victoria’s Secret and Agent Provocateur expand their briefs
Mallett swings into buying mode after showroom move pays off
Goldman hired by Spain to advise on struggling Bankia
Market Round Up: Facebook effect cheers traders but fails to lift market gloom
G4S brings in former Deloitte chief
Grexit Strategists: how algorithms could make or break the euro
LSE boss Rolet ‘optimistic’ on single currency
SPONSORED FEATURES

The O2

Check out the cool stuff happening under our tent such as the hottest gigs, comedy, sport, films, clubs, bars, restaurants and much more.
 

Teaching Jobs Cisco Silverstone trip

Can you imagine a career in teaching?

Be inspired to teach - let real teachers show you how rewarding the job can be.

The O2 Cisco Silverstone trip

Securing the business and education legacy of London 2012

The 2012 Games will last just over a month, but thanks to Cisco, a legacy of business growth and educational excellence will last for years.

 

The O2 Teaching Jobs Silverstone trip

Win a Silverstone track day with Zantac 75

Feel the burn of a different kind - 20 Silverstone motoring experiences to be won

 

The O2 Teaching Jobs Cisco
Don't Miss
Oh Delilah: Introducing London's hottest pop singer

Oh Delilah

Introducing London's hottest pop singer
Cool Kate at Claridges

Classy Kate

Kate Moss dazzles at Claridges party
The best cameras and accessories on the market

Snap these up

The best cameras and accessories
Amy Childs bares all like Britney

Dare to bare

Amy Childs vajazzles like Britney
Sneak peek at new Thames cable car

Sneak peek

First look at the Thames cable car
The bottom line: the rise of BDSM in London

The bottom line

The rise of BDSM in London
The Scissor Sisters are back ... and sharper than ever

Scissor Sisters

Back and sharper than ever
The Dictator - review

The Dictator

Monstrous and monstrously funny
Revealed: The secret Twitter stars getting themselves into a web of mischief

Tweet T'who?

The secret stars of Twitter
First view from the top of the Orbit Tower on London Olympic site

Orbit Tower

First views from the top