Published by Zeb BhamSterling remained little changed versus the US dollar on foreign exchange markets yesterday (July 28th).According to Reuters, the pound traded at $1.6328, a more preferable level for British investors than $1.5781, which was seen on July 12th.Standard Bank's head of G10 currency research Steve Barrow said: "Among the G-3 currencies, sterling is perhaps helped by the fact that the euro has its own bond problems and the US (dollar) is struggling with the debt ceiling issue."He added that people are unlikely to have too much confidence in the currency, due to the fact recent data has raised doubts about the economic strength of the nation.Meanwhile, the euro slipped to 87.60 per cent, a tumble of 0.4 per cent from the previous day.Analysts are currently awaiting further information about the US debt ceiling, which is causing something of a cloud over the greenback in foreign exchange trading at present.For more information on foreign exchange treasury services and risk management, visit our Corporate FX site