Carney bluntly pounds in short-term upward inflation too optimistic (Figure)

Published: 11:05:00 August 9,2013  Views: 402
Carney bluntly pounds in short-term upward inflation too optimistic (Figure)

GBP / USD intraday high of finishing Asian market, the dollar index this week, contributed to the weak performance of the majority of non-US strong rebound, while the Bank of England (BOE) Governor Carney (Mark Carney) remarks in the short term will constitute an effective exchange rate support.

Bank of England Governor Carney told the British Broadcasting Corporation (BBC) radio interview, said: 'Inflation is too long been above 2%, the need to find a balance, we do not tie our successors, inflation is no doubt, of course, is the goal, and the inflation target remains symmetrical full. '

Carney to inflation to 2%, it is clear what the Bank of England to launch even further stimulus measures will also be 'legislator.' Based on this logic, market participants began to do more daring £ exchange rate had experienced a strong rise after has built strong support level at 1(http://www.best-news.us/).5480, while its initial support at 1.5520 can find nearby.

Carney bluntly pounds in short-term upward inflation too optimistic (Figure)

(GBP / USD hourly chart Source: FX168 Financial Group)

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