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

    Sep 2, 2015
    Likes Received:
    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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