Is the UK losing momentum? - BBH

FXStreet (Barcelona) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman Most recently, the UK economy appears to have lost some momentum.

Key Quotes

“As expectations of the BOE's first rate hike get pushed out in time, sterling has weakened. In fact, last week, it under-performed the euro (-1.7% for sterling and -1.3% for the euro), even though Draghi's press conference disappointed many."