Sterling Retreats Amid Economic Uncertainty
The British pound slipped against the US dollar and euro on Thursday, according to financial market reports. The sterling traded at $1.3576, down 0.13 percent, and eased 0.07 percent to €1.16587.
The dip follows a recent rally that had pushed sterling to elevated levels in recent days, as investors await economic developments and monetary policy decisions in Britain and the United States.