Sterling rises against the dollar as US note boosts appetite
Sterling rose against the dollar on Monday ahead of a Bank of England meeting at the end of the week as the global threat tone took a step forward of optimism over the US infrastructure bill. U. S. and stocks, said Jeremy Stretch, head of G10 foreign exchange strategy at CIBC Capital Markets. The Bank of England’s financial policy committee, meeting on Thursday, is expected to keep its foot firmly on the stimulus pedal.
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