Sterling edges up against dollar

Sterling rose in American trade past 1.32 against dollar for the second session, marking the highest since November 2, following earlier data from the US, and amid a lack thereof from Britain. 

As of 06:36 GMT, GBP/USD rose 0.17% to 1.3238 from the opening of 1.3206, with a three-week high at 1.3279, and a session-low at 1.3186. 

Earlier from Britain, British finance minister Hammond said he's working to streamline health services in a balanced way, while the government is giving 300 thousand new homes during next year. 

Hammond said Britain will present suggestions to the European Union about Brexit bill before the European Summit in December, asserting the importance of making a Brexit deal as soon as possible. 

Otherwise, the US CB leading index rose 1.2% in October past expectations of a 0.6% rise, compared to a 0.2% decline in September, while markets look forward to any news regarding the tax reform bill in Congress. 

Republican Senator Collins said earlier today there should be some amendments to the tax cut bill, expressing her preferment to other suggestions in the matter. 

On Thursday, the House of Representatives passed the tax reform bill by a 227-205 margin, shifting the legislative final struggle to the Senate, amid concerns the upper house could delay the reforms supported by president Donald Trump, which would cut the corporate tax rate to 20% from 35%, until 2019.