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Carney says BOE will take all necessary steps to ensure orderly markets

Discussion in 'Fundamental Analysis' started by ForexLive, May 24, 2016.

  1. ForexLive

    ForexLive Forum Member

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    BOE governor Carney still up before the TSC 24 May 2016 - BOE would not stand in the way of necessary adjustment in GBP exchange rate after Brexit - main steps in ensuring orderly markets are extra liquidity auctions previously announced In a nutshell, don't expect them to step in and halt any rapid fall in the pound. Or indeed I can't see them capping a rally either.

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