BOE Governor Carney Speaks (GBP) – 03/03

 

What is it? Governor Carney is due to testify on the currency probe before the Treasury Select Committee, in London.

As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.

When? March 3rd at 5:00am Eastern Time.

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the GBP to rise.

 

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