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Sterling drifted through mildly choppy Friday trade, uncertain of where to go next as the market continues to assess the more hawkish Bank of England and US Federal Reserve.
Equities in London finished Friday on a positive note as investors went value hunting after yesterday's sell-off, but sterling gains on the dollar limited the upside.
Crude-oil futures stole cautiously ahead Friday as the market awaits Baker Hughes rig data this afternoon, and despite the overall bearish sentiment surround the black liquid.
