Sterling Update

28 July, 2011


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.