# Sterling edges lower after BoE warns some asset prices look stretched - Markets - Business Recorder

> Sterling eased 0.2% to $1.3861 on July 13 after the Bank of England scrapped pandemic-era bank dividend curbs but warned that some asset prices look stretched. Traders also watched COVID restriction easing plans in England.

- Date: 2021-07-13 · published 2021-07-13T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/46310-sterling-edges-lower-after-boe-warns-some-asset-prices-look-stretched-markets
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

The story covers UK financial stability and sterling moves only, with no meaningful effect on feed commodity markets.

## Sources

- brecorder.com: https://www.brecorder.com/news/40106907

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