By Samuel Indyk LONDON (Reuters) -The British pound strengthened to a two-week high against the euro as it continued to retrace losses which followed what investors perceived as a “dovish” interest rate hike by the Bank of England on March 17. Focus has turned to UK inflation data and British finance minister Rishi Sunak’s Spring Statement, both scheduled on Wednesday. Commerzbank said the update on UK inflation could move the pound “considerably” if rising prices once again exceed expectations. “If this was to be the case again tomorrow the BoE rate hike expectations could be fuelled again, a…