- Corporate demand likely behind EUR/GBP rise from 0.7123 (5wk low)
- Drop to 0.7123 influenced by MPC minutes
- 0.7123 = 1.4039 in GBP/EUR. 0.7120 = Mar 17 low
- Reuters poll sees 60% chance of BoE rate hike by end-Q1 2016
- Greek cash seen lasting into June, no EU deal imminent
The material has been provided by InstaForex Company – www.instaforex.com