Pound falls versus U.S. Dollar before Mark Carney testifies

The British Sterling weakened against the U.S. Dollar after recording the largest advanced in over two weeks yesterday before the Bank of England Governor Mark Carney speaks about financial stability to U.K. lawmakers. The Pound slipped 0.2% to $1.6401 as of 7:43 a.m. in London following an increase by 0.4% yesterday, the largest gain since December 27.