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BOE Carney on Channel 4 in the UK

Speaking on channel 4 interview in the UK

  • Euro unfinished business. Other measures need to be taken over the long term.
  • For many households its been a lost decade of growth.
  • Monetary policy iimproves the quality when you've had a recession by bringing inflation under control and keeping as many people as possible and work
  • Since 2010 and beginning of QE, income and wealth inequality has been lowered
  • There are more people at work in this country than there ever has been

The GBPUSD trades near the highs for the day and the near the highest levels since before the flash crash in October 2016. The next upside target for the pair is at the 100 day MA at 1.2797. That is close to the swing low on the daily chart from July at the 1.2791 level. The GBPUSD has not traded above the 100 day MA since the Brexit vote.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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