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Pound Surges To One Year High After Carney Says He Is “Among Majority” Expecting Tighter Policy

Having surged earlier in the day following an unexpectedly hawkish BOE statement, moments ago GBPUSD jumped to fresh session highs after BOE Governor Mark Carney said the pound’s decline is boosting prices, and added that he’s among the majority of MPC with view that policy may need to be tightened in coming months.  Some other comments:

The jawboning, which in typical central banker fashion was not accompanied by any action, sent cable to session highs just shy of 1.3400… …

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