Sterling pares losses vs dollar after weak US jobs data

LONDON: Sterling recovered some ground against the dollar while falling against the euro on Friday after data showed US jobs growth slowed more than expected in July.

Sterling rose to $1.6839 after the data from a day's low of $1.6812 beforehand, but was still a quarter of a percent down on the day, following a weak survey of UK manufacturing sector purchasing managers.

The euro strengthened to a 2-1/2-week high of 79.70 pence , up almost half a percent on the day.