Sterling settles below 1.4 versus dollar

Economies.com
2018-02-20 16:28PM UTC

Sterling tilted lower away from February 5 highs against the dollar for the third straight session, following earlier data from Britain, and amid a lack thereof from the US, the world's largest economy. 

 

As of 04:20 GMT, GBP/USD shed 0.01% to 1.3999 from the opening of 1.4000, with a session-low at 1.3932, and a high at 1.4015. 

 

Earlier UK data showed the CBI Industrial Order Expectations gauge down to 10 in February from 14 in January, missing expectations of 12, while UK Brexit minister David Davis said it's possible to reach a Brexit deal by the end of this year. 

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