BoE not on a pre-set course - ANZ

By | Updated August 13, 2014 AAA

FXStreet (Guatemala) - Brian Martin, ANZ Research noted that sterling fell in response to the dovish tone to the BoE’s August inflation report and the correction may run further.

Key Quotes

"Interest rates will normalise as the economy recovers but the BoE is not on a pre-set course."

"Geopolitical risks to the economy have intensified and the outlook for wage inflation was downgraded."

You May Also Like

Related Forex Analysis
  1. Forex News

    GBP/USD steadies ahead of European session

  2. Forex News

    GBP/USD Technical Analysis: Range-Bound Below 1.58

  3. Forex News

    USD/JPY near term trend unclear – Kshitij Consultancy

  4. Forex News

    GBP/USD stuck between 5-DMA and 10-DMA

  5. Forex News

    GBP/USD consolidates daily gains

Trading Center