The British Pound pulled back from a weekly high of 1.4765 as investors scaled back their appetite for risk, and the exchange rate may continue to trend lower during the U.S. trade as market sentiment falters.

Talking Points
• Japanese Yen: Loses Ground Against the Majors
• Pound: Mortgage Approvals Expand for Second-Month
• Euro: Producer Prices Rise More-Than-Expected
• U.S. Dollar: Pending Home Sales on Tap

Meanwhile, the European...