Salient to Investors:

Michael Amey at Pimco said sell the pound as it may drop to a 4-year low of $1.37 during Mark Carney’s tenure at the BoE because he will want to see it decline, while a similar move against the euro is unlikely because of the euro bloc’s challenges. Amey said sterling can depreciate on a trade-weighted basis another 10 to 15 percent.

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