British Pound Erases Advance Versus Dollar to Trade at $1.5940

By Gavin Finch

Oct. 5 (Bloomberg) -- The pound erased its advance against the dollar and extended its declines against the euro.

The U.K. currency was trading little changed at $1.5942 as of 8:13 a.m. in London. Sterling was 0.3 percent lower at 91.71 pence per euro.

To contact the reporter on this story: Gavin Finch in London at gfinch@bloomberg.net