/Sterling hits $1.40 for the first time in nearly three years
Sterling hits $1.40 for the first time in nearly three years

Sterling hits $1.40 for the first time in nearly three years

Sterling reached $1.40 against the U.S. dollar for the first time since April 2018 on Friday morning.

The dollar has been in decline on the back of a weak U.S. jobs report Thursday, while the pound is reacting positively to the U.K.’s uniquely successful Covid-19 vaccination rollout.

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