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Rate inches lower, with GBP softening as...>

STERLING
STERLING: Rate inches lower, with GBP softening as BoE's Carney remarks that the
Bank of England may add more stimulus if there is no post-election bounce in the
economy.
- At the Monetary Policy Report a week or so ago, Carney highlighted that the
Bank are looking for the trend of a recovery in sentiment surveys (PMIs etc) to
filter through into hard economic data - that hasn't happened yet.
- GBP/USD rate is still mildly positive, with decent support seen into the day's
overnight lows at $1.2895.

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