Sterling falls to session low vs dollar after Bernanke
Sterling fell to session lows against the dollar on Friday after Federal Reserve Chairman Ben Bernanke offered no firm commitment to fresh easing measures to stimulate the US economy, which lent knee-jerk support to the greenback.
Pound sterling fell versus dollar on Friday as the expectation for further cuts in UK interest rates as the worries about the outlook of the UK economy and comments from BoE deputy governor Charles Bean.