UPDATE 1-Sterling rises to 20-month high versus euro

By Reuters

Sterling rose on Friday, hitting its highest since February 2020 versus the euro, boosted by a combination of dollar weakness and expectations that the Bank of England will raise rates this year. The dollar was heading for a weekly decline and the Japanese yen sunk to a three-year low, as global risk appetite rebounded. Against the yen, the pound rose to its highest since 2016 .

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Via:: Sports Headlines

      

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