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But market players said the mood was still tense due to the backdrop of tight opinion polls on Thursday's referendum.
On Friday, the pound weakened further, hurt by the gloomy manufacturing survey and as tight opinion polls fanned Brexit worries.
Against the backdrop of tight opinion polls, the Bank described the referendum on EU membership as "the most immediate and significant risk" for the UK's economic outlook.
Against the backdrop of tight opinion polls, some business surveys have suggested companies are deferring spending and hiring decisions until after the referendum on EU membership.
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This air-tight opinion, I believe, has taken the air out of the effort to overturn the law and makes it measurably more likely that the Supreme Court will ultimately uphold it.
In such a tight scenario, public opinion would have to shift across the board by only two percentage points to create a clear advantage for either side.
The cases add to the increasingly rancorous debate in France and elsewhere in Europe about the challenges of integrating Roma immigrants at a time when budgets are tight and public opinion in many countries is firmly against illegal immigration.
Yet as is common in situations where we hold tight to an opinion until it directly affects us -- at which point we're often open to new views and develop drastic shifts in perspective -- I quickly took a liking to the phrase after my father's death.
In his opinion, the tight score was no fluke.
Not only is it the most expensive Senate fight in history – $103m spent so far, and counting – but it is also very tight, with the latest opinion poll from Public Policy Polling putting Hagan just ahead on 47% to Tillis's 46%.
With opinion polls tight and less than two weeks to go before the vote, sterling came under pressure and it was down more than 1% against the US dollar at one point on Friday.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com