Carney pushes Cable up
September 25, 2014GBP has found small support on the back of Carney comments. GBPUSD now 1.6330 and EURGBP, 0.7795.
His message IS similar to recent remarks. However, guidance that the case for a rate increase has become more “balanced” seems to be striking some traders as less dovish than expected given the recent political and economic backdrop across Europe.
RTRS – BOE’S CARNEY – JUDGEMENT ABOUT WHEN TO RAISE RATES HAS BECOME MORE FINELY BALANCED IN RECENT MONTHS
RTRS – BOE’S CARNEY – RATE RISES LIKELY TO BE LIMITED AND GRADUAL DUE TO WEAK EXPORT DEMAND, HIGH PUBLIC AND PRIVATE-SECTOR DEBT
RTRS – BOE’S CARNEY – NO PRE-SET COURSE FOR RATES, TIMING DEPENDS ON DATA
