Sterling gets small lift as risk appetite picks up

Britain's pound rose slightly on Tuesday, benefiting from a resurgence of risk appetite across markets as the dollar eased from its recent 10-week highs. At 1046 GMT, the pound was at $1.2769 against a weaker dollar, up 0.1% on the day, and 85.255 pence per euro . Rising U.S. Treasury yields and unease over China have kept investors cautious in recent weeks, benefiting the safe-haven dollar, but this trajectory eased on Tuesday and risk-sensitive currencies gained instead, with the euro, Australian dollar and British pound all up.