Via FT.com / Markets – Sterling buoyed by hopes of growth:
Sterling was lifted on Wednesday by UK data indicating that recovery in business activity continued, but gains were capped as investors turned cautious ahead of Friday’s US employment numbers.
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”The more upbeat data has reduced the likelihood that the Bank will announce an expansion of its Asset Purchase programme, but such a move cannot be entirely ruled out,” said Daragh Maher at Calyon.
