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Settles back around Gbp0.8920,........>

EURO-STERLING
MNI (London)
EURO-STERLING: Settles back around Gbp0.8920, after rate was taken to an
extended high of Gbp0.8933. Cable managed to correct off its low of $1.3091 and
seen settled around $1.3115. Market now awaits UK Inflation data at 0930GMT for
next directional impetus. Headline CPI marketmedian 3.1%yy (Bank staff 3.2%). If
this proves correct to prompt a letter from BOE Carney to the UK Treasury, to be
published after data release. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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