She is usually perceived as a dove and bearing that in mind I think her remarks come across as quite upbeat and I think that's why sterling is finding a little bit of relief.
More Quotes from Geraldine Concagh:
Both the earnings and the claimant count data are stronger than expected. But I think any reaction to that data will be limited until we see the tone of the Bank of England's inflation report later this morning.Geraldine Concagh
The UK service sector PMI gave a boost to sterling -- sterling came off against the euro yesterday, so the data provided the opportunity for a bit of a correction.
Geraldine Concagh
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