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Central bank speeches expected across the board

The pound strengthened on Friday morning, before falling towards the end of the day. This morning, it’s trading in narrow ranges against the euro and has strengthened against the dollar.

There will be a series of speeches this week from Bank of England, European Central Bank and Federal Reserve central bank officials.

On Wednesday, a panel discussion featuring ECB President Christine Lagarde, BoE Governor Andrew Bailey and Federal Reserve Chairman Jerome Powell will take place at the ECB’s annual conference on central banking in Sintra, Portugal. The markets are set to listen closely.

Later today, MPs will vote on new legislation to give ministers the power to scrap parts of the post-Brexit deal between the UK and the EU.

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