Tue, 25 Nov 2014 10:56:04 GMT
Investors concentrate on BoE's inflation report
The Euro appreciated 0.16% relative to the Pound, reaching the level of 0.7931 today, as investors shift their attention to the UK Treasury Committee Hearing on the BoE's inflation report. Economists expect volatility to elevate further, as more MPC members deliver their speeches and respond to questions. Since the BoE may postpone the rate hike, the risk of Sterling's fall