Sterling rises versus euro ahead of BoE meeting By Reuters

By Joice Alves

LONDON(Reuters) – Sterling edged higher against the euro on Thursday ahead of a Bank of England meeting expected to maintain the central bank’s 895 billion-pound bond-buying programme, but it stabilised against the dollar amid a rise in bond yields.

The pound rose 0.3% to 85.51 pence at 0945 GMT. It was flat against the dollar at $1.3963, after touching a week high of $1.4001 at 0710 GMT.