We’ve been getting very mixed messages recently from the Bank of England which would suggest policy makers are as divided as the rest of the country at the moment. What does this mean for interest rates in the months ahead?
Senior Market Analyst Craig Erlam discusses the latest views from within the central bank, including those today from Governor Mark Carney that triggered a rally in the pound. He then gives his analysis of GBPUSD in light of the latest commentary.
GBP/USD – Pound Punches Above 1.29 on Carney’s Rate Comments
Are Central Banks Turning More Hawkish?
DAX Lower, Investors Await German CPI
Content 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 Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.