UK economic underperformance, new BoE chief could hit pound

Sterling is likely to fall sharply against the dollar in the coming months, as the British economy lags a U.S. recovery and on expectations a new Bank of England chief will push for significant monetary easing. Options traders cite demand for bets sterling will drop to $1.4620 by mid-August, a th…

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UK economic underperformance, new BoE chief could hit pound

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