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Pound jumps to monthly high after wage shocker, US inflation data

Pound jumps to monthly high after wage shocker, US inflation data

Sterling rose as far as $1.261, its highest since May 11, and was last up 0.72% at $1.26.

Sterling hits one-year high as Bank of England decision nears

Sterling hits one-year high as Bank of England decision nears

Pound jumps as exit poll shows Conservative majority in British vote

Pound jumps as exit poll shows Conservative majority in British vote

Sterling rises as inflation questions BoE rate hike bets

Sterling rises as inflation questions BoE rate hike bets

Sterling bounces after British business activity data outperforms

Sterling bounces after British business activity data outperforms

Pound hits eight-week high as banking worries recede

Pound hits eight-week high as banking worries recede

The pound rose 0.1% against the dollar to $1.2359, its highest since Feb. 2. The euro rose 0.1% against sterling to 87.91 pence.

Sterling set for biggest monthly gain vs dollar since November

Sterling set for biggest monthly gain vs dollar since November

But overall, at more than 10%, headline inflation in Britain is showing no signs of slowing down.