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Pound hits session highs after BoE's Forbes rate-hike remarks
June 22, 2017 / 7:43 PM / 5 months ago

Pound hits session highs after BoE's Forbes rate-hike remarks

NEW YORK (Reuters) - Sterling touched session highs against the dollar and euro in late Thursday U.S. trading after comments from Bank of England policy-maker Kristin Forbes who said “‘lift-off’ of UK interest rates should not be delayed any longer” in a speech to the London School of Business.

A five pounds banknote is seen in front of displayed stock graph in this picture illustration taken June 9, 2017. REUTERS/Dado Ruvic/Illustration

At 3:31 p.m. (1931 GMT), the pound hit $1.2685 before moving to $1.2676, up 0.08 percent on the day, while the euro fell to 87.89 pence before bouncing up to 87.92 pence, down 0.2 percent from late on Wednesday, Reuters data showed.

Reporting by Richard Leong; Editing by Sandra Maler

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