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Global markets exposed to more pain

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 20, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Global Markets Sterling bears were on the rampage during trading on Tuesday following the Bank of England’s Mark Carney’s very dovish remarks towards the health of the UK economy and this consequently sent the GBPUSD plunging to fresh seven year lows at 1.413. Sentiment towards the Pound weakened further as Carney's very blunt statement highlighting that “now was not the time to raise UK rates” instantaneously erased any remaining hopes of the BoE taking action in the near term. These latest

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