Sterling tilts higher vs. dollar as investors await Theresa May
Economies.com
2017-05-15 16:31PM UTC
Sterling tilted higher versus the dollar on Monday as investors await Prime Minister Theresa May, who is due to participate in Facebook's Live Q&A hosted by ITV News, via satellite.
As of 05:26 GMT, GBP/USD rose to 1.2912 from the opening of 1.2905, with an intraday high at 1.2941, and a low at 1.2872.
Earlier U.S. data showed an unexpected drop in the Empire State Manufacturing Index in May, weighing on the greenback, while investors await the newest developments in the Brexit negotiations, which still cast shadows on the pound.
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