BoE: Super Thursday calling super Sterling - Investec

FXStreet (Delhi) – Research Team at Investec, suggest that super Thursday takes centre stage tomorrow with the release of the Quarterly Inflation Report, policy statement and MPC minutes at noon, followed by Governor Carney speaking at 12.45.

Key Quotes

“We believe the Bank of England may signal that market rate expectations have become too dovish, through the inflation forecast, which should lend support to the Pound bringing 1.42 and 1.55 into range against the Euro and Dollar.”

“We also see a good chance of a second MPC member favouring a rate hike, with Kristin Forbes our prime suspect!”