US$ dips as investors eye Trump; sterling slides again

London

THE dollar edged down for a second day on Tuesday, as cautious investors booked profits ahead of US President-elect Donald Trump's first news conference since winning office, to be held on Wednesday.

Disquiet over whether Britain will undergo a "hard" exit from the European Union continued to weigh on the sterling, which hit a fresh 10-week trough against the dollar despite the latter's broader weakness.