Continued optimism around the upcoming election helped to push sterling to a six-month high yesterday, as opinion polls show the government is set to return with a majority.
The week has started with few economic releases, and much attention from within the eurozone has been devoted to a series of keynote speeches. European Central Bank policymaker Philip Lane hinted to a conference in Paris yesterday that further policy interventions may be forthcoming.
A US-China trade deal, on the other hand, does not seem to be forthcoming, and the dollar weakened as reports suggested that the talks were not heading towards a conclusion for ‘phase one’.
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