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Sterling rises as dollar dips on lower oil prices

The pound gained as the dollar weakened following falling oil prices, leaving GBP/USD set to end the week little changed but higher versus the euro.

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The pound rose on Friday as the dollar weakened alongside falling oil prices, leaving Britain’s currency on track to end the week little changed against the US currency but firmer versus the euro. Currency markets have been unsettled over the past two weeks by sharp rises in bond yields around the world, dr…