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BoE expected to surely raise rates early 2015 - BBH

FXStreet (Guatemala) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman suggested that in a firm US dollar environment, the sterling opportunity may reside more on the crosses than against the greenback.

Key Quotes

"With the referendum out of the way, there is no reason not to expect the BOE to raise rates early next year, still likely before the Federal Reserve."

"The political uncertainty shrouding the referendum overshadowed, to some extent, the favorable macroeconomic considerations".

"The divergence theme, with the US and UK beginning to normalize monetary policy while the ECB and Bank of Japan are still with a heavy foot on monetary accommodation, is a key feature of the investment climate."

EUR/CHF brought to light, 1.2000 is key - Societe Generale

EUR/CHF has been quietly changing in the background of key events and Kit Juckes, Global Head of Currency Strategy at Societe Generale suggested that EUR/CHF options no longer rule out a test of the floor
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USD/CHF rises back to 0.9400

Greenback is about to end the week trading around 0.9400 against the Swiss franc, on its way to the strongest weekly close since July 2013.
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