Sterling to remain well supported - Rabobank

FXStreet (Guatemala) - Analysts at Rabobank noted that over the past four or so months all developed world central banks with the exception of the Federal Reserve and the Bank of England have either cut rates, used QE, intervened or, in the case of the RBNZ, jawboned in favour of a weaker currency.

Key Quotes:

"In this environment perhaps it is not surprising that the USD and the GBP along with the CHF have been the best performing G10 currencies on a 12 mth view."

"By contrast to the extraordinary measures that some central banks are taking to stimulate growth and inflation, the simple message from BoE Governor Carney this week that the next policy move from the BoE is likely to be a rate hike sounded hawkish."

"Despite the forthcoming UK general election, we expect sterling to remain well supported in the coming months".