By Rob Howard — Feb 23 - 05:45 AM
Cable has traded a 60 pip range thus far Thursday; 1.2015-1.2075
Low was plumbed before BoE MPC hawk Mann said too soon to stop raising rates
Money markets currently see 95% chance of 25 bps BoE rate hike next month
0#BOEWATCH. ONS says 25% of British firms expect to raise prices in March
1.2015 is also lowest level since UK PMI beat-spurred high of 1.2147 Tuesday
UK CBI Feb retail sales balance due 1100 GMT; minus 13 f/c vs minus 23 prior
Source:
Refinitiv IFR Research/Market Commentary