Shorting Sterling Ahead of Carney Hearing: Bad Idea?
February 06, 2013 at 07:46 AM EST
Incoming Bank of England Governor Mark Carney is set to address policymakers at a U.K. parliamentary committee on Thursday with many expecting sterling to fall as he delivers his dovish policy outlook, but analysts have told CNBC that this could prove to be wrong and the currency could in fact move sharply higher.