Sterling Slips to Seven Week Low Against the Dollar as Soft Data Highlights Brexit Risks

Britain’s pound fell to its lowest level against the U.S. dollar since mid-January as investors waded through disappointing data releases that suggest a worrying Brexit impact on Europe’s second-largest economy. Britain’s pound fell to its lowest level against the U.S. dollar since mid-January in Tuesday trading as investors waded through a series of disappointing data releases that suggest a worrying Brexit impact on Europe’s second-largest economy.