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Sterling falls to 2-week low against firmer dollar
November 8, 2012 / 9:52 AM / 5 years ago

Sterling falls to 2-week low against firmer dollar

LONDON, Nov 8 (Reuters) - Sterling fell to a two-week low against the dollar on Thursday as fresh talk that Spain is in no hurry to seek a bailout supported safe-haven demand for the U.S. currency.

The pound fell as low as $1.5940, its weakest since Oct. 24.

Against a broadly weaker euro, however, the pound gained. The euro fell as low as 79.73 pence, close to a one-month low of 79.71 pence reached on Wednesday. (Reporting by Jessica Mortimer; editing by Nia Williams)

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