Sterling breaks out on hawkish Carney

by Ashraf Laidi

Feb 12, 2015 16:22

The BoE's hawkish inflation helps further sterling appreciation ahead – even against the US dollar — as the currency stands alongside USD as the only two major currencies whose central banks are not on an easing mode. This says a lot in a world of relative valuation, when currencies are priced by not only their absolute levels returns, but also by .... full Charts & analysis

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Sterling breaks out on hawkish Carney - Gbpusd Yield Spread Feb 12 (Chart 1)

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