Monday, April 16, 2007

Sterling Reaches 15-Year High Against Dollar, Monday, April 16, 2007 11:43:06 AM

The sterling soared to a 15-year high against the U.S. dollar in Monday`s morning trading in New York as UK annual house price inflation rose 15% annually. The sterling was at 1.9876 shortly after 3 am ET when it began to climb into the mid-morning. The sterling reached the high of 1.9941 around 6 am ET. Around 11:45 am ET, the pair was at 1.9910.
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