Trade idea: sell short sterling from Dec-15 out to Jun-16

I argued after the BoE’s February Inflation Report that they were closer to hiking than you might think (here). Since then market pricing has seen the expected timing of the first rate hike get pushed further out to around Sept/Oct 2016, from around April 2016. So what has happened in the past three weeks, and should … More Trade idea: sell short sterling from Dec-15 out to Jun-16