Sterling Could Rise Further After Remarks From BOE's Bailey

Sterling could extend its gains as U.K. money markets are yet to fully react to Bank of England Governor Andrew Bailey’s cautious remarks about cutting interest rates at the Jackson Hole symposium on Friday, ING said.

Sterling could extend its gains as U.K. money markets are yet to fully react to Bank of England Governor Andrew Bailey’s cautious remarks about cutting interest rates at the Jackson Hole symposium on Friday, ING said.