U.K. Pound Erases 0.3% Advance Versus Dollar to Trade at $1.5995

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The pound erased an advance versus the dollar, leaving it little changed at $1.5995 as of 11:07 a.m. London time. It had earlier risen as much as 0.3 percent to $1.6043.

The British currency weakened 0.1 percent to 80.19 pence per euro.