Pound steady against major currencies
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The pound came off earlier highs but remained firm, rising above the 1.98 US dollar mark for the first time in 11 days, supported by positive merger and acquisition talk, as well as the dollar&#39;s weakness.
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The pound remained on the weak side following last week&#039;s dovish minutes from the Bank of England&#039;s rate setting panel. It was a quiet day for UK data.
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The pound remained near 26-year highs against the dollar amid expectations of  further monetary tightening in the UK at the same time as housing concerns continue to dog thinking about the US economic outlook.
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The pound has made slight gains against the dollar on the back of yesterday's release of Bank of England minutes which suggested a further hike in interest rates is unlikely.
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The pound was supported by reported buying of the currency from the Middle East, which prompted what traders were active today to push it higher once it passed through the two dollar mark in early trading.
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The pound continued to be supported by mounting expectations that the Bank of England will not raise interest rates any time soon, in light of stronger than expected fourth quarter GDP growth, a seemingly steadier housing market and emerging pipeline price pressures.
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Sterling remained weak after disappointing trade data as the US Dollar held firm against major currencies.
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The dollar held steady against major  currencies on Tuesday as markets waited to see what the Federal  Reserve says about the U.S. economy after an expected interest  rate rise later in the session.
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The pound held firm against the dollar after it was dented by surprising falls in industrial and manufacturing production.
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The pound was firm across the board, with little on the radar ahead of Thursday&#39;s interest rate decision by the Bank of England (BoE).
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The pound lost ground on the dollar after the Bank of England's decision to leave its main borrowing rates unchanged at 5.25 percent, analysts said Thursday.
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The pound remained stuck around the 2.00 dollar level on Monday, crossing the psychologically-important threshold on a few occasions. The pound has risen steadily since last week, when the minutes to the Bank of England&#39;s June meeting showed the Monetary Policy Committee is very likely to vote for a rate hike next week.
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The pound finished lower against major currencies on Tuesday, despite earlier hitting a high against the US dollar.
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The pound continued to slide after the Bank of England left interest rates unchanged at 5.50 percent today. The decision was widely expected, although financial markets were pricing in a 20 percent chance of a surprise hike, leaving the pound vulnerable.
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Weak trade figures weighed on the pound as the Bank of England decided to keep its benchmark repo rate unchanged.
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The pound strengthened slightly against the dollar but remained weak against the euro after the release of more downbeat news on the UK housing market.
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The pound was solid on Wednesday after the release of strong wage and consumer confidence surveys.