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  • Article / 17 August 2017 at 12:19 GMT

    UK rates too low and GBP significantly undervalued

    Head of Trading / The ECU Group plc
    United Kingdom
    UK rates too low and GBP significantly undervalued
    UK economic data have been encouraging, and the 'peak uncertainty' in business investment may be behind us. We continue to see an impending sharp pivot for inflation, economic sentiment, monetary policy expectations and ultimately currency valuations, as discussed recently. UK rates are too low and sterling undervalued, according to our view of the economy.
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