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Pound may surge in trading tomorrow morning if BOE minutes give a nod towards a rate hike (Daniel Wright)
Sterling exchange rates have the potential to creep up over the course of trading tomorrow morning as we have both the Bank of England minutes and the inflation report.
Interestingly enough the BOE are due to change the amount of meetings they have from 12 to 8 which I found out yesterday.
The key really will be how many members of the BOE voted in favour of an interest rate hike, should we have even one more member now in favour of a hike in rates then Sterling may rise off of the back of it as an interest rate hike is generally seen as extremely positive for the currency concerned.
If you have a currency exchange to carry out either now or in the future then it is well worth getting in touch with me personally. I can help you not only get a great rate of exchange but also with the timing of your transaction. Feel free to email me (Daniel Wright) directly on [email protected] and I will be more than happy to get in touch personally to speak to you.
Source: http://www.poundsterlingforecast.com/2015/07/21/pound-may-surge-in-trading-tomorrow-morning-if-boe-minutes-give-a-nod-towards-a-rate-hike/
