Market News
Sterling hits two-week high against dollar amid tariff uncertainty - REUTERS
Jan 22 (Reuters) - The pound rose for a third day to hit a two-week high against the dollar on Wednesday, as a lack of clarity on U.S. President Donald Trump's tariff plans kept a lid on the greenback.
Sterling was last up 0.1% at $1.2376, its highest since Jan. 8 .
The pound initially fell more than 0.3% in early trading, as data showing that Britain borrowed more than expected in December weighed.
But uncertainty around the Trump administration's tariff policies has put pressure on the dollar since Monday, and the U.S. currency continued to edge broadly lower on Wednesday
