A complicated outlook for Sterling - Scotiabank

FXStreet (Guatemala) - Camilla Sutton, CFA, CMT, Chief FX Strategist at Scotiabank gave a few key pointers surrounding the pound.

Key Quotes:

"There is still a rare disconnect between UK‐US 2year bond yield spreads which have spiked up to 0.85% and the currency”.

“Complicating the sterling outlook is the approaching Scottish referendum on September 18th, where polls show a narrowing 6% lead by the ‘no’ side”.

“We do not expect any change at tomorrow’s BoE meeting, with rates on hold at 0.5% and the excitement to come from the September 17th minutes."