* Cable falls more than 0.2% on narrowing lead for UK Tories * Investors bet Trump will postpone additional China tariffs * Euro supported after surprise uptick in German sentiment * Graphic: World FX rates in 2019 tmsnrt.rs/2egbfVh By Hideyuki Sano TOKYO, Dec 11 (Reuters) – The British pound slipped early on Wednesday after a poll showed a narrowing lead for Prime Minister Boris Johnson’s Conservative Party in an election later in the week, while U.S. dollar movement looked to the Federal Reserve’s policy meeting. Investors were also focusing on what U.S. President Donald Trump will do with U.S. tariffs on nearly $160 billion worth of Chinese consumer goods, due to set in on Dec. 15. Investors have generally believed the tariffs would be at least postponed to salvage a trade deal with China. “It is calmness before storm. Markets have long believed the additional tariffs will be avoided,” said Ayako Sera, market economist at Sumitomo Mitsui Trust Bank. Sterling fell 0.25% to $1.3122, giving back about a cent after hitting an 8 1/2-month high of $1.3215 on Tuesday. It also slipped to 0.8455 pound per euro, off its 2 1/2-year high of 0.8394 touched earlier this week. On the… Read full this story
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