No change expected from the BoE - Yohay Elam

By FXstreet.com | July 10, 2014 AAA

FXStreet (Łódź) - Yohay Elam, Analyst at Forex Crunch, doesn't see the Bank of England announcing any changes to its monetary policy today.



Key quotes



"While Carney and his colleagues have been outspoken about the timing of a rate hike, first bringing expectations forward before confusing markets, this is not coming in the next months."



"Any hints could come in the MPC Meeting Minutes which are the real show."



"If we see that one or more members already voted for a hike in July, that would certainly be pound supportive."



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