SEB wins with positive sterling stance

SEB has risen to the top of this week's one-month currency forecast rankings by taking a bullish stance on sterling following efforts by the UK government to stabilise the economy.

Anders Soderberg, currency strategist at SEB in Stockholm, said the bank began taking a positive stance on sterling in May in light of the UK's policy of quantitative easing. To date, this includes the Bank of England purchasing around £93 billion worth of commercial paper and corporate bonds.

"Quantitative easing in

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