Fell 1.6% to $1.1986 this morning
Follows 'Santa rally'
First rate rise in a year
Managers take cautious approach ahead of expected US rate rise as 'wary' Yellen likely to underwhelm on outlook
Two rate rises predicted next year
Fund managers have warned of short-term volatility following Italy's vote against constitutional reform in this weekend's referendum, which they say could "exert a baleful influence" on the country's struggling banking sector.
Becoming more bullish on sterling
Risen 4.8% in November
Could benefit oil and gold
Due to client demand
Fears over 'hard Brexit'
Benchmark unconstrained approach
Candidates clash as campaign heats up
Rand depreciation negatively impacts profits by 16.3%
Pound could fall more than 20%
Response to demand
Oil volatility grinds lower
Dollar reverses gains
Comes amid sterling volatility
Monitoring developments in other oil-exporting nations
May face 'legal consequences'
Pound has already fallen 10%
Run by trio of managers