GBP/USD Falls 140 Pips As Bank Of England Governor Pledges Not To Increase Rates

Today GBP/USD fell more than 140 pips when the Bank of England Governor Carney pledged not to rush rate increase. Mark Carney pledged that Bank of England officials won’t rush to raise interest rates as he highlighted overseas risks to Britain’s recovery and the weakness of wages. Speaking after a mixed labor market report that… Continue reading GBP/USD Falls 140 Pips As Bank Of England Governor Pledges Not To Increase Rates