Market News
Sterling edges up in holiday-thinned trading - REUTERS
LONDON, Dec 24 (Reuters) - The British pound strengthened modestly in a holiday-shortened trading session on Tuesday, but could face a more uncertain path next year as global monetary policy diverges, analysts said.
Sterling was last up 0.1% at $1.2544, set for a 1.6% loss in December, marking a third successive monthly loss.
Against the euro the pound was up 0.14% at 82.92 pence per euro. Sterling has gained more than 4% against the euro so far in 2024 and is back to roughly where it was at the time of the Brexit vote in late June 2016.
