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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessRate inches lower, with GBP softening as...>
STERLING: Rate inches lower, with GBP softening as BoE's Carney remarks that the
Bank of England may add more stimulus if there is no post-election bounce in the
economy.
- At the Monetary Policy Report a week or so ago, Carney highlighted that the
Bank are looking for the trend of a recovery in sentiment surveys (PMIs etc) to
filter through into hard economic data - that hasn't happened yet.
- GBP/USD rate is still mildly positive, with decent support seen into the day's
overnight lows at $1.2895.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.