Market News
Sterling dips as traders remain cautious on Trump tariffs - REUTERS
LONDON, Jan 23 (Reuters) - The pound fell slightly on Thursday as currency markets remained focused on U.S. President Donald Trump's threats of tariffs in his early days back in the White House.
Sterling was last down 0.14% at $1.2311. It remains around 1.1% higher since the start of the week, reflecting investor relief that Trump has concentrated on other policy areas rather than tariffs since his inauguration on Monday.
The euro was marginally higher against the pound at 84.55 pence.