Sterling today: Pound slips as AI fears ebb; UK budget, Fed in focus

Investing.com -- Sterling traded lower on Wednesday while the euro was little changed near its lowest levels of the year, as a firmer dollar and caution before a Federal Reserve decision weighed on European currencies. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » Sterling was down 0.18% against the dollar at $1.3283, while the euro inched down 0.01% at $1.1125, as of 06:17 ET (10:17 GMT). Receding fears of an AI-driven equity sell-off allowed markets to refocus on dollar-supportive themes after strong third-quarter results from SK Hynix. Nasdaq futures were up 0.6%.