BoE not on a pre-set course - ANZ

By FXstreet.com | 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."



comments powered by Disqus
Related Forex Analysis
  1. GBP/USD claws to 1.6100 ahead of Europe
    Forex News

    GBP/USD claws to 1.6100 ahead of Europe

  2. EUR/USD glued to 1.2755; triggers are wanted
    Forex News

    EUR/USD glued to 1.2755; triggers are wanted

  3. Asia recap: most majors are still sleeping in a ranges; JPY is weakening
    Forex News

    Asia recap: most majors are still sleeping in a ranges; JPY is weakening

  4. Gold Struggling Below $1250, SPX 500 Trying to Retake 1900 Figure
    Forex News

    Gold Struggling Below $1250, SPX 500 Trying to Retake 1900 Figure

  5. US Dollar Technical Analysis: Stalling at Channel Support
    Forex News

    US Dollar Technical Analysis: Stalling at Channel Support

Trading Center