The pound is being supported by a weaker US dollar and expectations of tighter Bank of England policy. The Bank of England remains cautiously hawkish. Markets continue to see scope for further rate hikes to curb inflation, although BoE Chief Economist Huw Pill has questioned the need for tightening on the scale expected by some […]The post Pound Rally at Risk as US Inflation Could Restore the Dollar’s Advantage appeared first on ActionForex.