Sterling may come under further pressure against the US dollar, while the expectations of another round of monetary easing in the euro zone may result in an even stronger pound against the currency of Britain's major trading partner. The Bank of England (BoE) said earlier this year that "... there was a risk that divergent monetary policy trends, as well as stronger prospects for growth in the United Kingdom than in the euro area, might continue to put upward pressure on the sterling exchange rate". This status quo is expected to continue further into the next year as the major central banks prepare changes in their ... (full story)