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Martin Vander Weyer

On balance, I’d vote for a rate rise and a stronger pound

8 April 2017

9:00 AM

8 April 2017

9:00 AM

Since Article 50 was triggered last week, City traders have been avidly watching the fluctuations of the pound. Analysts at Barclays, Nomura and Citigroup think sterling is undervalued against the euro and the dollar, and due for a rebound, having dived in the market tizzy that followed last June’s referendum and kept its head down through the phoney war of the past nine months.

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