By Rob Howard — Feb 02 - 03:45 AM
EUR/GBP hit 0.8899 in Asia, its highest level since September 29
Ascent to 0.8899 spurred by EUR/USD gains on Powell outpacing GBP/USD gains
0.8875 was pre-Fed high Wednesday, after euro zone core inflation above f/c
BoE and ECB event risks in pipeline; BoE MPA at 1200 GMT nL8N34H5C8
EUR/GBP could jump towards 0.90 if BoE opts for conservative 25 bps hike
Focus will then shift to tone of Lagarde's press briefing from 1345 GMT
Source:
Refinitiv IFR Research/Market Commentary