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US dollar hits record low against the pound
The US dollar tumbled against major currencies on Thursday, hitting a 26-year low against sterling and a record low against the euro as expectations grew for more interest rate cuts from the U.S. Federal Reserve. At one point, the pound rose as high as $2.1145, before falling back slightly to $ ...
Pound hits high against US Dollar
The pound hit its highest level against the dollar for more than a quarter of a century today (April 18, 2007), crashing through $2 barrier after UK inflation rose to 3.1% in March. The rise is  the strongest since June 1981, when it hit $2.013.

While this is bad news for UK homeown ...

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