# Pound Sterling Tipped to Remain Soft Despite a Higher Chance of the Bank of England (BOE) Normalising

> TD Securities dropped its call for a Bank of England rate cut in Q4 2017 and now sees the odds of a hike or cut as evenly balanced. The bank remains bearish on sterling versus the dollar, citing Brexit-related political risk.

- Date: 2017-01-27 · published 2017-01-27T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/73230-pound-sterling-tipped-to-remain-soft-despite-a-higher-chance-of-the-bank-of
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Interest rate expectations for the UK affect sterling, but this has no direct link to feed commodity supply or prices.

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/gbp-live-today/6117-the-pound-is-to-remain-soft-despite-a-higher-chance-of-the-bank-of-england-boe-normalising

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.