# Pound takes breather after risk-led recovery - Markets - Business Recorder

> Sterling steadied near $1.3739 on Thursday after a risk-led recovery that lifted it back above $1.37 and gained about 1% on the week. Traders said the pound was tracking global risk sentiment and the dollar, with no UK data due that day.

- Date: 2021-08-26 · published 2021-08-26T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/45806-pound-takes-breather-after-risk-led-recovery-markets-business-recorder
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

The story describes routine currency trading with no new fundamental cause for feed markets, so the price implication is negligible.

## Sources

- brecorder.com: https://www.brecorder.com/news/40115913

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.