GBP fell versus 15of its 16 peers as reported by Bloomberg today when the Bank of England Governor Mark Carney said that the recent wage data has been softer than the Central Bank anticipated. This statement dampened the interest rates need to raise speculation in the market. This dampening of the interest rates needs to… Continue reading GBP Falls As BOE Governor Says Wage Data Softer Than The Central Bank Anticipated!
Tag: british pound
Pound Reaches 19-Months High Against EURO
GBP/USD rose more than 200 pips after the Bank of England Governor Mark Carney’s speech. Pound is bullish now. The pound reached the strongest level in 19 months against the euro after Bank of England Governor Mark Carney said the institution may raise its key interest rate from a record low earlier than investors expected.… Continue reading Pound Reaches 19-Months High Against EURO