Pound Jumps Almost 1 Percent in One Minute of Trading: Chart

The pound rose 1 percent versus the dollar, with much of the advance coming during one minute of trading, as it headed for its biggest gain in seven sessions. Sterling strengthened against 15 of its 16 major peers amid light trading. The surge came after a 2 percent decline last week, and after British Prime Minister Theresa May pledged low taxes and watered down plans for worker representation on company boards in remarks at a conference on Monday in London.

Before it's here, it's on the Bloomberg Terminal.