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“Sterling rose following the BoE report and was dealing around a cent higher against both the dollar – close to a 1-month high – and a similar amount against the euro, close to the 7-month high.” – Andy Scott at HiFX.
February 13,2015
“Basing wage increases on temporary market movements seems to be at odds with the long term economic plan.” - Katja Hall, CBI Deputy Director-General.
February 10,2015
“Consumption has been the predominant driver of GDP growth recently; hence the path of average weekly earnings is important not just for inflation, but for growth too.” – Sebastien Cross at Bank of America Merrill Lynch Global Research.
February 10,2015
“How long will sterling buoyancy last? Watch the tone of a Feb. 12 survey from the U.K. central bank on growth and inflation.” – Joe Manimbo at Western Union.
February 9,2015
The British pound is strong in the mid-week session after it was reported a third of UK service sector companies reported a rise in new work in January.
February 4,2015
With less than 100 days to go until the 2015 General Election the UK’s Chancellor can rely on the economy to provide support.
February 3,2015
The pound sterling complex was sold at the start of the new month despite consensus-beating UK factory data being released.
February 2,2015
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