Sterling Update

28 July, 2011

CurrencyIndex

Please see our article for this week’s foreign exchange outlook and major data releases.

Mervyn King, the Governer of the Bank of England, is giving a speech tonight at 8.30 which will be watched for clues about quantitative easing. This morning, public finance data is released at 9.30am – if public debt has increased significantly we would expect negative movement for the Pound.

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