ENM: UK rate hike bets keep sterling close to 7-1/2-year highs
LONDON: Sterling inched lower against the euro on Monday but was still close to a 7-1/2-year high against a trade-weighted basket of currencies, as investors bet the Bank of England will raise interest rates in early 2016.
With no major data releases or speeches by policymakers scheduled for Monday, currency traders focused instead on Wednesday's minutes from the BoE's latest monetary policy committee (MPC) meeting.
Markets took comments last week from BoE Governor Mark Car ..