A positive week for sterling has seen it strengthening to an 11-month high against the US dollar and close to multi-month highs against the euro. There were small gains against the yen and NOK, while weakening against other major currencies.
After the ECB and Fed, next week the spotlight falls on the Bank of England’s interest rate setting panel, the MPC, once again.
That comes after the long weekend of the first Coronation in Great Britain since 1953.
Then on Tuesday morning we’ll hear readings for retail sales and house prices from the Halifax, before things liven up with interest rates on Thursday and GDP on Friday.
GBP/EUR past year
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