Sterling, McCafferty, and BOE Policy
Marc Chandler
July 13, 2017
Sterling's advance today is being attributed to comments by a member of the Bank of England's Monetary Policy
Committee McCafferty. However, we suspect it was a news item that was
used to justify the price gains that was already underway.
Sterling had been sold to a two-week low early yesterday as BOE Deputy Governor Broadbent confirmed …
Sterling had been sold to a two-week low early yesterday as BOE Deputy Governor Broadbent confirmed …
Sterling, McCafferty, and BOE Policy
Reviewed by Marc Chandler
on
July 13, 2017
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