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GBP/USD: higher UK rates coming - Scotiabank

FXStreet (Guatemala) - Analysts at Scotiabank noted the recent comments from BoE's deputy.

Key Quotes:

"BoE Deputy Governor Broadbent commented that he has not been close to voting for higher interest rates and that stronger wage growth was needed to boost inflation."

"Higher rates are coming in the UK but policy makers appear in no rush at this point."

USD/CHF rebounds and climbs above 0.9750

USD/CHF rebounded sharply during the last hours and trimmed losses. At the beginning of the American session bottomed at 0.9666, reaching the lowest since Monday but then turned to the upside climbing almost a hundred pips.
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