“He is a really dovish guy and he’s probably going to increase the already accommodative British monetary policy, by also adding some quantitative easing. Thus, we are probably going to see GBP suffering through 2013.”
“He is a really dovish guy and he’s probably going to increase the already accommodative British monetary policy, by also adding some quantitative easing. Thus, we are probably going to see GBP suffering through 2013.”
—Olivier Rudez, head of alpha fx strategy for THEAM in Paris, on the rationale for the asset manager’s purchase of a broken call butterfly on the euro to short sterling.