Pound Political Trauma May Continue Even With BOE Back in Focus

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Pound Political Trauma May Continue Even With BOE Back in Focus


“For the BOE, the message is unlikely to change and if anything, could firm up August pricing, supporting the pound,” said Jordan Rochester, an analyst at Nomura International Plc. “However, the politics is on the edge of turning and it would take just one headline suggesting a leadership contest to wipe out any BOE-related gains.”





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