Pound Advances Above $2 as Traders Add to Rate Increase Bets
Aug.24, 2007 in
Europe
Aug. 23 — The pound rose above $2 for the first time in more than a week as investors added to bets the Bank of England will raise interest rates.
The U.K. currency also gained as the risk of owning corporate bonds in Europe fell to the lowest in more than a month after [...]










