Perez: Sterling to Weaken Further on Poor UK Data

(Bloomberg) -- Expect weaker UK fundamentals going forward according to Juan Perez, Senior FX Trader & Strategist at Tempus. He told Daybreak Europe’s Caroline Hepker and Markus Karlsson that a BOE hike in August is quite unlikely and that cable could weaken even further, to the low 1.30s.

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