Sterling falls vs dlr; BoE comments still weigh
* Sterling hits one-week low vs dollar of $1.6515
* Sentiment still negative after BoE chief's QE comment
* Stg turns higher vs euro after earlier hitting 2-wk low
By Jessica Mortimer
LONDON, Nov 12 (Reuters) - Sterling hit a one-week low against the dollar on Thursday, staying weak after comments from the Bank of England governor the previous session while disappointing U.S. data propped up the safe-haven U.S. currency.
Sterling rose against the euro, however, coming off an earlier two-week low, with traders citing selling of euros versus sterling by corporate accounts.
Analysts said sentiment towards the pound remained negative after comments on Wednesday by BoE chief Mervyn King suggested the central bank was leaving the door open to more asset purchases and he highlighted the benefits of a weak currency.
"The market's still reading Mervyn King's comments to be on the dovish side," said Paul Mackel, director of currency strategy at HSBC. Continued...


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