Pound Little Changed as Investors Await BOE Minutes, Carney View

The pound was little changed against the dollar before the Bank of England publishes the minutes of its most recent policy meeting later this week.

Sterling erased a decline versus the greenback after a report showed U.S. retail sales increased less than economists forecast last month. It was also little changed against euro as U.K. home sellers raised asking prices to a record. Benchmark 10-year gilt yields were about five basis points from the lowest level in almost four weeks. The central-bank minutes, due on July 17, will reveal how policy makers voted at Governor Mark Carney’s first gathering.