EUR/GBP rallies ahead of ECB meeting a good opportunity for adding shorts, says Jeremy Stretch, Head of G10 FX Strategy at CIBC, as he joins the Tip TV Finance Show, to discuss the UK economy, its migration problem, and the outlook for Pound versus the Euro.
Key points from the video:
Carney politicising monetary policy
UK still the next central bank likely to hike rates, so short any rallies in EUR/GBP into the ECB meeting
UK: structural issues including ageing and growing population
Migration is a benefit overall, longer-term can benefit the economy by increasing productivity and supporting the ageing population
