Political Risk and QE to Weigh on Pound, Macquarie Says

Jun.01 — Any expansion of U.K. fiscal stimulus implies an increase in Bank of England quantitative easing, according to Eimear Daly, EMEA FX strategist at Macquarie. This factor, combined with heightened political risk, will weigh on the pound, Daly said in an interview on “Bloomberg Markets: European Open.” …read more

Source:: Yahoo Finance

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