It comes after the hotter UK CPI report from yesterday. And their revised calls follow that of Barclays' here.
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HSBC, Deutsche now expects BOE to only start cutting rates in August
HSBC, Deutsche now expects BOE to only start cutting rates in August
- Both firms had previously penciled in a June rate cut
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- The USDJPY is testing the high from last week
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- Shameless plug. Attacking Currency Trends by Greg Michalowski. A bargain on Amazon
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- UBS says the USD value is 'stretched', sell further strength and get into GBP and AUD
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