SaxoTV

Dovish hike from BoE sees weaker sterling — #SaxoStrats

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The Bank of England has hiked interest rates for first time in a decade and Saxo Bank’s head of FX strategy John Hardy digests what it means for sterling.

He also looks at the influence of Brexit over GBP, which he says is a great cause of volatility depending on how talks proceed between the UK and the European Union.