(Reuters) - The Bank of England is widely expected to lift rates by 25 basis points to 5.75 percent on Thursday, while the European Central Bank and its President Jean-Claude Trichet are seen reinforcing expectations for higher rates in the euro zone, possibly in September.
Expectations of rising interest rates outside the United States weighed on the dollar, which touched a low near $2.02 against sterling.
Read more at Reuters.com Hot Stocks News
Expectations of rising interest rates outside the United States weighed on the dollar, which touched a low near $2.02 against sterling
Read more at Reuters.com Hot Stocks News
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