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29 Jan 2014
Flash: Sterling to stay strong - ANZ
FXstreet.com (Bali) - According to Brian Martin, Senior Strategist at ANZ, Sterling's strength should continue going forward.
Key Quotes
"UK GDP rose an estimated 1.9% in 2013 but is still 1.3% below its Q1 2008 peak level."
"2014 UK GDP is forecast to grow 2.4% which, by international estimates, compares favourably."
"Although much of the growth story is discounted, we expect the sterling to stay strong and gain further."
Key Quotes
"UK GDP rose an estimated 1.9% in 2013 but is still 1.3% below its Q1 2008 peak level."
"2014 UK GDP is forecast to grow 2.4% which, by international estimates, compares favourably."
"Although much of the growth story is discounted, we expect the sterling to stay strong and gain further."