Pound poised for new rally if BoE holds fire on QE

Sterling, a favoured shelter from euro zone stress, may be set for a new rally if the Bank of England holds off from more quantitative easing next week after strong UK growth figures. If the BoE refrains from further asset purchases, which the market had been expecting until last week, it will co…

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Pound poised for new rally if BoE holds fire on QE

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