British Pound Spikes Up Further Against Majors

The British currency spiked up further against major opponents during New York mid-day trading on Tuesday.

After touching new multi-day lows of 1.4980 against the US dollar and 135.23 versus the Japanese yen in early European session, the pound edged up in New York trading today. At present, the sterling is trading near 137.47 against the yen and 1.5199 versus the greenback, compared to yesterday's closing values of 136.35 and 1.5059, respectively.

Against its Swiss counterpart, the pound ticked up in today's New York deals from previous session's yearly low of 1.5913. The pound climbed to 1.6058 versus the franc by about 11:35 am ET, which may be compared to Monday's close of 1.5995.

The British currency also traded higher against the euro in New York deals and jumped to a 4-day high of 0.9047 as of 11:35 am ET today. The pair closed yesterday's New York session at 0.9086.

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