TTCM
Thursday, November 2, 2017 / Published in Forex Daily News
Further rate hikes are expected following today’s BOE Governor M Carney’s press conference after the BOE meeting, while the GBP remains offered. The GBP starts the afternoon with a massive sell-off, which has pushed GBPUSD in the low area in sub – 1.3112 levels on Thursday. Cable remains defensive as the UK 10-year yields dip
TTCM
Thursday, November 2, 2017 / Published in Forex Daily News
GBP and Aussie traders get some impetus on Thursday ahead of BOE and following Trade Balance data release in Australia. While in Europe, Governor Carney is expected to come forward today at 12:30pm GMT and announce the Bank of England’s decision regarding inflation and/or any rate hikes, in Australia the market reacted to optimistic trade