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Quotes from Western Union:
- Sterling held mostly above the fray and steadied around $1.60 against the greenback. A heightened focus on Japan and the euro zone dimmed some of sterling's vulnerabilities.
- Sterling has struggled to gain positive traction as more and more Bank of England officials voice concern about the economy and attempt to walk back rate hike expectations further into next year.
- Britain's economy is due for a big checkup next week with figures due on manufacturing and services growth. The BOE will also be in focus with a meeting on Wednesday and Thursday.
