The pound was down 0.21% to 1.257 US {dollars} however was 0.06% greater at 1.165 euros at market shut in London.
Elsewhere in Europe, the opposite principal markets additionally moved marginally greater amid a reasonably muted response to the Fed chair’s speech, which largely went over acquainted floor.
Germany’s Dax index was 0.07% greater for the day and the Cac 40 closed up 0.21%.
Alex Rudolph, senior market analyst at IG, mentioned: “Powell’s keynote speech at the Jackson Hole symposium was a bit of a damp squib as he tried to please both doves and hawks.
“After some initial volatility during the speech equity indices declined again but European indices still managed to end the week in positive territory.”
US shares opened modestly greater on the again of Mr Powell’s feedback, after weak spot on the finish of Thursday buying and selling.
In firm news, Watches of Switzerland ticked firmly decrease after it was shaken by news that its largest provider purchased a rival chain.
Swiss watch large Rolex revealed its first huge foray into retail by sealing a deal to snap up the Bucherer chain.
Analysts warned that the transfer may influence Watches of Switzerland, which noticed over half of revenues come from Rolex watches. Shares fell 145p decrease to 548.5p in consequence.
Elsewhere, buying and selling platform CMC Markets was one other vital faller after it warned over income resulting from “subdued market conditions”.
It mentioned earnings for the 12 months can be between £250 million and £280 million, down from the earlier prediction of £280 million to £290 million because it suffers a very tough August.
Shares fell by 11.8p to 110.2p by the shut of play.
Aston Martin Lagonda shares had a raise after brokers from Jefferies upgraded the inventory on an enhancing stability sheet and optimism about its progress outlook.
The luxurious automotive maker noticed shares rise 17.2p to 338p.
The value of oil edged greater for the session nevertheless it was little aid because it completed decrease for the week within the face of worries over China’s financial system and subsequently power demand.
A barrel of Brent crude rose by 0.9% to 84.2 US {dollars} as markets have been closing in London.
The largest risers within the FTSE 100 have been Tesco, up 4.9p at 260.1p, Smurfit Kappa, up 56p at 3,148p, Melrose Industries, up 7p at 508.8p, Intertek, up 56p at 4,133p, and CRH, up 61p at 4,508p.
The largest fallers on the index have been Endeavour Mining, down 46p at 1,625p, Fresnillo, down 12p at 549.4p, IAG, down 2.5p at 157.9p, Prudential, down 13.8p at 946.8p, and Johnson Matthey, down 21p at 1,543p.
