(Bloomberg) -- The U.K. pound may drop against the dollar before a report today which will probably show prices of goods leaving factories eased last month, and before minutes of the last Bank of England meeting later this week.
The pound climbed last week by the most in three months on carry trades and speculation signs growth and inflation are quickening will push interest rates higher. So-called core producer prices rose 0.3 percent last month after gaining 0.5 percent in February, according to a Bloomberg survey. The BoE, which kept rates unchanged this month, will release minutes of the meeting on March 18.
Read more at Bloomberg Currencies News
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