- MarketPulse - https://www.marketpulse.com -

GBP/USD near 1.6090 after BOE Carney’s Remarks

Sterling edged higher on Friday after Bank of England Governor Mark Carney was quoted as saying he sees no need for more bond-buying by the central bank given signs of recovery in the British economy.

Carney told the Yorkshire Post that the BoE would consider the case for more economic stimulus should the recovery falter.

“But my personal view is, given the recovery has strengthened and broadened, I don’t see a case for quantitative easing and I have not supported it,” he said.

Reuters [1]

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

marketpulsefxstaff

Latest posts by marketpulsefxstaff (see all [4])