The pound is dipping after the Manchester bombing

The pound is dipping against the dollar and euro on Tuesday morning after a suspected terrorist attack in Manchester.

At least 22 people have died and over 50 injured after an explosion at Manchester Arena after an Ariana Grande concert.

Connor Campbell, a financial analyst at SpreadEx, says in an email: “Investors are assumedly shaken by the events in Manchester yesterday evening, combined with the continued effects of the Tories’ election wobble.”

Sterling is down 0.24% against the euro at 9.19 a.m. BST (4.19 a.m. ET):

The pound is down around 0.19% against the dollar at the same time: