More pressure on the pound

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 15, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    We saw GBP dip against its peers yesterday following a speech by the BoE’s deputy governor, MinoucheShafik, that mentioned how it was important to refrain from hastily voting for an interest rate rise before wage growth has caught up with inflation. She also went on to say that when the rate does finally come, it’ll pave the way for a succession of rate rises, possibly more quickly than the market expects. This, however, is in stark contrast to a comment by the RBS’ Chief Executive that there

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