Quotes from Societe Generale Cross Asset Research:
-BoE Governor Carney expressed his preference for forward guidance. The latest PMI readings confirm the broad-based vigour in the UK economy following a weak first quarter.
-Sterling will fall against the dollar, and we see cable at 1.43 by year-end. But we believe sterling will outperform euro and the yen, as monetary policy continues to ease in Japan and the EA.
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