Yahoo Finance

1113 GMT – Sterling could weaken if U.S. tariffs hurt the global economy, JPMorgan analysts say in a note. A common investor view is that sterling should benefit from a more services based U.K. economy and low goods exports to the U.S. in a tariff focused market, they say. The U.S. also imposed the minimum tariff rate of 10% on the U.K., more favorable than levies on other economies.