Sterling received a big pop and remains higher vs. the greenback after the Bank of England...

|By:, SA News Editor

Sterling received a big pop and remains higher vs. the greenback after the Bank of England minutes earlier. Outspoken dove, the American Adam Posen - who had dissented at the March meeting when more QE wasn't undertaken - shifted his vote to agreeing no additional stimulus was necessary at the April meeting. Pound +0.3% to $1.5974.