Pound Rises to Two-Month High Versus Euro Amid Optimism on Rates

Updated on
  • Markit's services index shows expansion in key U.K. sector
  • BOE policy makers to publish new growth forecasts Thursday

The pound climbed to the strongest level against the euro since August as a report showed growth in Britain’s services sector accelerated last month, bolstering speculation the Bank of England is moving closer to raising interest rates.

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