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Sterling Mixed, Eyes Boe King Testimony

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http://today.reuters.co.uk/investing/finan...ERLING-OPEN.XML

Sterling mixed, eyes BoE King testimony

LONDON, Oct 25 (Reuters) - Sterling dipped against the dollar while it held steady versus the euro on Tuesday, tracking moves in the euro and greenback in the absence of major UK economic data. The market is focused on the House of Lords economic affairs committee which will take evidence from BoE Governor Mervyn King, Deputy Governor Andrew Large and MPC members Kate Barker, Charles Bean and Richard Lambert at 1430 GMT. Investors are keen to see if they give clues on the future interest rate path as recent upbeat data cooled down speculation that the Bank of England might lower the cost of borrowing again after an interest rate cut in August.

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http://today.reuters.co.uk/investing/finan...ERLING-OPEN.XML

Sterling mixed, eyes BoE King testimony

Could those out there who are bette at economics than me please tell me - if US rates will 'inevitably rise' (news today) DOESN'T THAT MEAN THAT UK RATES WILL INEVITABLY RISE TOO? And won't the pound fall against the dollar if this doesn't happen?

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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