Sterling edges up on dollar, ever stable versus euro

The pound strengthened against the dollar on Tuesday and held steady on the euro as markets continued to digest the implications of last week's central bank meetings, including the Bank of England's. The pound was unchanged versus the euro, with one euro worth 85.75 pence. Current market pricing shows roughly a 65% chance the British central bank starts cutting rates by its June meeting, with a very small chance of a move at its next meeting in May, a slight decline from the day before.