(Bloomberg) -- The U.K. pound may fall versus the
euro on speculation the minutes of the Bank of England's last
policy meeting will prompt investors to reduce their bets on more
interest-rate increases.
The currency may decline from a near one-week high as almost
half of the 26 economists in a Bloomberg survey expect the
minutes will show all policy makers favored keeping rates on
hold. Economic reports last week showed inflation in Europe's
second-largest economy was the slowest in seven months in March.
Read more at Bloomberg Currencies News
euro on speculation the minutes of the Bank of England's last
policy meeting will prompt investors to reduce their bets on more
interest-rate increases.
The currency may decline from a near one-week high as almost
half of the 26 economists in a Bloomberg survey expect the
minutes will show all policy makers favored keeping rates on
hold. Economic reports last week showed inflation in Europe's
second-largest economy was the slowest in seven months in March.
Read more at Bloomberg Currencies News
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