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11 Dec 2014
Sterling’s next key events ahead - Scotiabank
FXStreet (Guatemala) - Camilla Sutton, CFA, CMT, Chief FX Strategist at Scotiabank noted the latest conditions around Sterling relating to the BoE.
Key Quotes:
"GBP is down 0.2% from yesterday’s NA close. There were no fundamental releases, but the BoE did release new transparency measures (summarized below):
Beginning in August 2015, the BoE will publish the minutes of its policy meetings and the Inflation Report at the same time as its policy decision."
"Will release full transcripts, with an 8‐year lag."
"Beginning in 2016, the BoE will move to 8‐policy meetings a year."
"The upcoming risks for GBP are next week’s CPI release, expected to fall to 1.2%y/y on headline and 1.5%y/y on core and the BoE minutes."
Key Quotes:
"GBP is down 0.2% from yesterday’s NA close. There were no fundamental releases, but the BoE did release new transparency measures (summarized below):
Beginning in August 2015, the BoE will publish the minutes of its policy meetings and the Inflation Report at the same time as its policy decision."
"Will release full transcripts, with an 8‐year lag."
"Beginning in 2016, the BoE will move to 8‐policy meetings a year."
"The upcoming risks for GBP are next week’s CPI release, expected to fall to 1.2%y/y on headline and 1.5%y/y on core and the BoE minutes."