Market News
Sterling dips as US dollar rides economy higher - REUTERS
LONDON, Oct 21 (Reuters) - The pound fell on Monday as investors focused on the relative strength of the U.S. economy, pushing up the dollar.
Sterling was last down 0.2% at $1.3023, just above Thursday's two-month low of $1.2975.
The euro was up 0.1% at 83.35 pence, although it remained near its lowest level in 2-1/2 years against Britain's currency.
The U.S. dollar has climbed against its peers in recent weeks as the economy has fared better than expected.
