Sterling Could Rise if U.K. Treasury Chief Speech is Well-Received

Sterling could strengthen if a speech from U.K. Treasury on Wednesday about possible new measures to boost economic growth is well-received, Monex Europe said, adding that it sees the risks skewed toward being pleasantly surprised—an outcome that should help the pound claw back some recent losses against the euro.

Sterling could strengthen if a speech from U.K. Treasury on Wednesday about possible new measures to boost economic growth is well-received, Monex Europe said, adding that it sees the risks skewed toward being pleasantly surprised—an outcome that should help the pound claw back some recent losses against the euro.