Carney will keep sending confusing signals to the markets - Adam Narczewski

By FXstreet.com | Updated July 30, 2014 AAA

FXStreet (Łódź) - In an interview for FXStreet, Deputy Regional Director at XTB Poland Adam Narczewski says that in his opinion BoE's monetary policy communications will continue to be confusing.



Key quotes



"Mark Carney will keep sending confusing signals to the markets."



"From one side he will be stating that he is getting investors ready for interest rate hikes by the BoE, from the other side trying not to make the Pound appreciate too much."



"Carney is trying not to allow a high GBP/USD rate, unsuccessfully so far."



"The UK economy is strong enough that the markets expect and interest hike soon, despite what BoE representatives say officially."



"Till now, investors were able to rate the economy well, despite the BoE's mistakes."



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    Video: Strategy for Dollar, Equity Traders Heading into NFPs

  2. Forex News

    GBP/USD Could Bounce Here

  3. Forex News

    US Dollar Poised for Further Gains, but Watch Nonfarm Payrolls

  4. Forex News

    British Pound Likely to Lose Further versus US Dollar

  5. Forex News

    British Pound Forecast to Gain versus Yen

Trading Center