Flash BoE to remain Dovish – Rabobank

FXStreet (Guatemala) - Jane Foley, Senior Currency Strategist at Rabobank said Governor Carney made it clear in his speech in Davos last month that the evolution of forward guidance will start with next week’s Inflation Report.

Key Quotes:

“Whether the Bank changes its unemployment rate threshold or water down its importance, the purpose will be to allow the Bank to remain dovish”.

“We remain sellers on cable rallies”.

“Near-term support is currently being offered by the 100 day sma at 1.6252”.