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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:
GBP
Discuss GBP
If you think BOE hike the rate , then GBP will inrease?
If yes , then at which price you advise to buy GBP accurately?
Thanks a lot.
Mr Clarke is forecasting a rise of two percentage points overall in 2012, which would take rates up to 2.5pc by the end of that year.
Sir John Gieve, the former Bank of England deputy governor, said last month that he expected interest rates to rise at a quicker pace.
"I am expecting a recovery when that is strongly established I'd expect rates to start rising faster than the market currently expects. I wouldn't be at all surprised to see interest rates at 2.5pc a year from now," he said.
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/7982303/Warning-of-sharp-interest-rate-rise-in-2012.html
mrhayat fel las
Ashraf
Also, since not increasing their net balance sheet, replacing interest bearing bonds with others .. why does the marketplace feel this would devlaue the Stirling?
Would you expect the marketplace to figure this out ... only a reaction move, therefore quickly recover to current valuation after a week or so?
Ashraf
by next week we might go for 15250
So, say hypothetically cable drops to 1.48 up to mid Nov, it would then rise further in the remainder of year?
Ashraf