The pound has strengthened further against the euro and is still strong against the dollar this morning.
This comes despite dovish comments from Bank of England official, Silvana Tenreyro, who suggested that the BoE should wait to raise interest rates.
The focus remains on tomorrow’s autumn Budget. It has already been announced that the national living wage is set to rise. Public sector workers are also set to see a pay increase.
The euro has dipped after weak German data, while in the US, the dollar has edged higher.
Data of interest today include US house prices and CB consumer confidence.
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