Pound up against dollar and euro
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The pound has finished up against the dollar, the euro and the Swiss franc but closed down against the yen.
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The pound remained buoyed by last week's surprise quarter point rate hike to 4.75 percent from the Bank of England.
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Sterling remained solid against both the dollar and the euro -- which dipped below 0.6850 pounds -- as a week of strong data has prompted some re-evaluation of future interest rate expectations.
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Both sterling and the euro continue to rise against the dollar, on a cut in US interest rates.
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Business & money: City expectations of a fresh rise in interest rates this week push sterling close to highest level against US currency in more than a quarter of a century.
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The pound shoots above $2 - close to 26-year highs - in early trade in Europe as investors price in an interest rate rise in July.
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The pound surged to another 26-year high against the US dollar on Wednesday, the eve of a widely expected interest rate hike from the Bank of England, dealers said.
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The pound stayed solidly above the 1.99 dollars level and hit new multi-year highs against the yen, consolidating its strength after the minutes from the Bank of England&#39;s (BoE) last rate-setting meeting fuelled expectations for higher interest rates.
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Sterling rose against the euro and held firm against the dollar after solid retail sales figures dampened expectations that the Bank of England will cut interest rates in November.
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The pound was up against major currencies in early trading on Monday, as all eyes remained firmly on the upcoming Bank of England rate decision.
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The pound was rangebound against the euro and dollar on Wednesday on the eve of an interest rate decisions by the Bank of England (BoE).
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The pound was firmer after a raft of strong data this morning increased the likelihood that the Bank of England will hike interest rates soon.
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The pound hit a weekly peak of 1.4756 against the euro on Friday as investors dismissed poor manufacturing figures.
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The pound soared against the dollar on Wednesday amid mounting speculation that the Federal Reserve will cut interest rates by at least a quarter point to boost the flagging US economy.
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The UK pound climbs past the $2.10 level against the US dollar, the highest it has been in 26 years.
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Sterling improved its position against the dollar by the end of trading.
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The pound struck a 26-year high point against the dollar on Tuesday on expectations of further interest-rate rises in Britain.