Tag: mark carney

GBP/USD: Cable Spikes as Carney Says Rate Hike Getting Closer

The GBP/USD surged more than 130 pips on Tuesday after Bank of England Governor Mark Carney said the time for an interest rate increase...

Carney Speech Dominates This Week’s Agenda

Last week, the US dollar gained against the yen and all the commodity currencies, but lost out to the pound and the resurgent euro....

Sterling Spikes Against Dollar After Carney’s QE Comments

It's rare for an article in a local British newspaper to send markets into a spin. However, that's exactly what happened this morning, after...

Bank of England to Keep Interest Rates at Historic Lows

Today, the Bank of England released its quarterly Inflation Report, which came with the announcement that interest rates would be kept at historic lows...