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Forex Flash: BoE and ECB to stand pat; buy 1M 0.8255 EUR/GBP calls - Standard Chartered

By FXstreet.com,  January 08, 2013, 11:13:00 PM EDT

FXstreet.com (Barcelona) - The team of strategists at Standard Charteted sees the ECB likely to keep rates steady this month, "though a cut cannot be ruled out" they say. Meanwhile, "better UK lending conditions are likely to keep the BoE on hold this month, too" the bank adds. Standard Chartered recommends leveraged investors buy simple 1M 0.8255 EUR-GBP calls.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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