5 Aug 2015
Rate hike expectations continue to bolster GBP – BBH
FXStreet (Edinburgh) - The research team at BBH argued that the upbeat tone in the sterling remains propped up by market expectations of a rate hike by the BoE sooner than later.
Key Quotes
“For its part, sterling is in the middle of its three-week range of roughly $.15470-1.5670 range”.
“The prospects of as many as three hawkish dissents at tomorrow BOE meeting, and a quarterly inflation report that upgrades the prospect that the inflation target will be reached in the medium term underpins sterling”.
Key Quotes
“For its part, sterling is in the middle of its three-week range of roughly $.15470-1.5670 range”.
“The prospects of as many as three hawkish dissents at tomorrow BOE meeting, and a quarterly inflation report that upgrades the prospect that the inflation target will be reached in the medium term underpins sterling”.