SaxoTV

Are you prepared for a November UK rate hike?

427 views
September 09, 2015 1.5, bank of england, biz, boe, business, content, content tv, fed, fed chairman, fed meeting, fed policy, fed tapering, federal, federal policy meeting, federal reserve, federal reserve rate hikes, federalreserve, finance, fomc, gbp, gbp trading, gbp trading 2014, gbp usd, gbpeur, gbpusd, gbpusd trade idea, hike, hikes, interest rates, mark carney, markets, news, non farm payrolls, nonfarmpayrolls, owen thomas, pound, pound dollar, pound euro, pound gains, pound highs, pound rise, pound sterling, pound strength, pound v euro, pound value, pound weak, poundsterling, rate, rate cut, rate cuts, rate decision, rate hike, rate hikes, rate rise, rate rise 2015, rates, rates decision, rates decisions, saxo tv, sterling, trade idea, trader, trading, tradingfloor, tradingfloor.com, tradingfloor.com saxo tv, tv, tv news, united kingdom, us economy, us fed, us rates
Traders shouldn't rule out an interest rate hike in the UK as early as November. So says Neil Staines, Head of Trading and Execution Strategies at the ECU Group in London. He tells Owen Thomas that although it's an 'aggressive' call, it's a definite possibility especially if the US Federal Reserve raises US rates next week. 
Sterling dipped this Wednesday after disappointing industrial data. GBPUSD has had a particularly volatile few days and Neil looks at what's behind the moves and assesses where we could be heading next.