After a lively start to the week, sterling ended the day slightly up on the euro and US dollar and 1.5% stronger against the Chinese yuan.

Sterling has climbed to a three-week high against the euro but has continued essentially moving sideways against USD.

Attention has turned to government debt lately, and today will be the 16-year Index-linked Treasury Gilt Auction, with the 10-year Treasury Gilt Auction tomorrow.

GBP/EUR past year

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