Pound Slips Against U.S. Dollar – 10 January, 2018

Sterling hit it’s lowest in almost two weeks against the Dollar after hitting 3.5 month high at the beginning of the month when Britain and the European Union successfully reached a deal. The Pound fell 0.1 percent to $1.3527, and experts say Britain needs a new political or economic development to break it out of the $1.30-$1.36 range. British industrial output rose by 0.4 percent in November and 2.5 percent annually, though it had little effect on the Pound.