FXStreet (Edinburgh) - BoE's M.Carney left the door open for a sooner-than-expected rate hike, according Morten Helt, Senior Analyst at Danske Bank.



Key Quotes



“Bank of England Governor Mark Carney last night delivered a hawkish speech at the annual black tie Bankers and Merchants Dinner in London”.



“He warned that the UK should prepare for an interest rate rise, saying the first increase “could happen sooner than markets currently expect”.



“GBP has gained more than 0.7% against both USD and EUR overnight following the statement from Mr Carney”.



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    Dollar Regains Control as Retail FX Traders Switch Direction

  2. Forex News

    GBP/USD 1.5500 is of Interest for Support

  3. Forex News

    Do the Hours I Trade Matter? Yes - Quite a Bit.

  4. Forex News

    GBP/USD revisits 1.5620 after US factory orders data

  5. Forex News

    GBP/USD: looking for a retest of 1.5550 – Scotiabank

Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!