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Sterling hits 3-month high on U.S. rate view

Mon Nov 9, 2009 2:25am EST
 
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TOKYO, Nov 9 (Reuters) - Sterling rose to a three-month high against the dollar on Monday, extending gains after European players joined the market, as a G20 meeting and U.S. jobless data reinforced the view the U.S. will stick to an easy monetary policy.

Sterling rose as high as $1.6755 GBP=D4, the highest since early August. (Reporting by Kaori Kaneko)

 

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Sheikh Mohammed bin Rashid al-Maktoum (C), Ruler of Dubai and United Arab Emirates' Vice President, attends the opening ceremony of Metro Dubai September 9, 2009. REUTERS/Dubai Ruler Media Office/Handout
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