Sterling up vs broadly weak dlr; BoE mins awaited
* Sterling rises vs broadly weaker dollar, steady vs euro
* BoE mins, UK inflation, retail sales data eyed this week
* Focus on QE outlook QE; BoE's Sentance speaks at 1800 GMT
LONDON, Nov 16 (Reuters) - Sterling rose against a broadly weaker dollar and was steady against the euro on Monday, with investors looking ahead to Bank of England minutes on Wednesday for clues to whether there could be more quantitative easing.
The dollar slid broadly as U.S. retail sales rose and traders saw discord over exchange rates among Asian and U.S. leaders as a cue to sell the greenback against other free-floating currencies.
But for sterling, the focus remained on whether or not the Bank of England has finished asset purchases under its quantitative easing programme, with the minutes to its November meeting set to provide the latest clue.
Earlier this month, the BoE announced a 25 billion pound increase in asset purchases, taking the target to 200 billion pounds. This was less than previous increases and many in the market took the view that this would mark a final top-up.
BoE Governor Mervyn King said last week he was open-minded about any possible further increase, however, and the minutes will be watched closely for whether any policymakers voted for a bigger increase, or for no increase at all. [ID:nLD439960] Continued...


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