Sterling has further to fall as Bank of England wrestles growth-inflation conundrum, strategists say - CNBC

6/20/2022 12:00:00 AM2 years 10 months ago
by Elliot Smith
by Elliot Smith
Sterling has fallen more than 9% against the U.S. dollar so far this year and despite a recent reprieve, currency strategists see further pain ahead.
LONDON Sterling has fallen more than 9% against the U.S. dollar so far this year and despite a recent reprieve, currency strategists see further pain ahead for the pound. The Bank of England last we… [+4242 chars]
full article...