Western Union notes:
Sterling was flat on the session ahead of late morning (ET) remarks by the governor of the Bank of England, Mark Carney. Sterling has been generally flying higher as renewed optimism in the U.K. economy has brought forward expectations for the BOE to hike interest rates.
Any tone from Mr. Carney that should validate those earlier rate hike views would support the pound. As it stands now, the pound is on course for a nearly 1% decline on the week against the perkier greenback.
