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11 Jul 2017
Sterling will get temporary support from hawks - Scotiabank
Analysts at Scotiabank explained that Sterling perked up in overnight trade, if for no other reason than the market is hoping that this morning’s comments from BoE Deputy Governor Broadbent provide a little more grist to the rate hike mill.
Key Quotes:
"It’s not obvious that Broadbent will lean obviously more hawkish as he voted with the Governor in the majority for unchanged policy at the last rate decision after all."