The British pound strengthened yesterday after BoE’s Chief Economist Andy Haldane decided to join Ian McCafferty and Michael Saunders in voting in favor of a rate increase. As for today, oil traders will be sitting on the edge of their seats in anticipation of the gathering between OPEC and major non-OPEC oil ministers in Vienna.
GBP Rallies as Haldane Joins McCafferty and Saunders
The pound traded higher against all but two of the other G10 currencies on Thursday. The currencies it outperformed the most were USD, CAD and SEK in that order, while it ended the day fractionally lower versus NOK and NZD...
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