Bank of England's Lomax: 'dollar looks a good buy'

Bank of England deputy governor Rachel Lomax said Thursday 24 November that the "dollar looks a good buy" because of interest rate differentials and other factors.

"It's unusual for a policy maker to comment like this, and the implication is their currency is a good sell," according to Sarah Hewin, an economist at American Express Bank, who was speaking to Bloomberg.

"Undoubtedly relative interest-rate differentials are one reason why the dollar looks a good buy at the moment," said Lomax, spea