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Alasdair Macleod

@MacleodFinance

Head of Research for Goldmoney. Educator for sound money and demystifying finance and economics. See https://t.co/No8MkCM3WS

calendar_today13-07-2012 08:04:06

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Alasdair Macleod
@MacleodFinance

1 week ago

Andrew Bailey signals UK interest rates will fall in coming months, despite the Fed putting its rates on hold. I think he is being ill advised.
If the BOE does cut rates, sterling will weaken against US$. The set up is for a head and shoulders top. Look at the chart:

Andrew Bailey signals UK interest rates will fall in coming months, despite the Fed putting its rates on hold. I think he is being ill advised. If the BOE does cut rates, sterling will weaken against US$. The set up is for a head and shoulders top. Look at the chart:
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