By Rob Howard — Mar 06 - 09:35 AM
EUR/GBP rises to 0.8881 following hawkish steer from Austrian CB chief
Holzmann calls for ECB to raise policy rate to 4.5% via four 50 bps hikes
0.8881 is highest level since Thursday (0.8892 was high that day)
ECB meets next week (March 16); 50 bps rate increase to 3% expected
0.8896 was EUR/GBP high last week, after dovish steer from BoE's Bailey
Next BoE rate decision March 23: 25 bps hike to 4.25% is consensus forecast
Source:
Refinitiv IFR Research/Market Commentary