05-01-2017 18:33 via uk.news.yahoo.com

Sterling capitalises on dollar retreat after data lift

By Marc Jones LONDON (Reuters) - Sterling rose against the dollar for the second day running on Thursday, as more upbeat data underlined the UK economy's post-Brexit resilience and helped the pound make the most of a retreating greenback. Sterling started the day under pressure but improved after strong data from the UK's dominant services sector and record car sales. ING's head of foreign exchange strategy Chris Turner said the market was dominated by the dollar's wilt but that UK data had cert
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