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Pound advances for the fourth day versus Dollar

Pound advances for the fourth day versus Dollar

The Pound rose for a fourth day versus the Dollar, the longest streak since November, following reports that U.K. house prices increased this month. Average house-price values in England and Wales increased 0.3 percent, which was the largest gain in three years.

Meanwhile in the US, it is reported that consumer confidence fell to a three-month low in April.

A new government was confirmed in Italy, concluding a political deadlock after uncertain elections in February. Also, the Euro looked likely to remain under pressure ahead of an upcoming European Central Bank policy meeting this week; where there is speculation over an interest rate cut after weak German economic data last week.

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