Bank of England Gov Carney Speaks
Carney to Speak on the New Book
Starts Tuesday, December 18, 2018 at 17:09
Updated Monday, November 26, 2018
The Chairman of the Bank of England is holding a speech in the afternoon this Monday, He is due to speak about a new book "Capitalization in America: A History". The topic is not really important for traders, but there's a chance that he might speak about the monetary policy, although that might not have much impact at this point because Brexit is taking all the attention of GBP traders right now. Please follow us for live coverage of this event and the impact it might have on the currency by experienced market analysts.
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About Bank of England Gov Carney Speaks
Mark Carney is the Governor of the Bank of England (BOE) from July 2013-June 2021. As head of the BOE, he is the most influential person regarding their monetary policy and, therefore, the value of the currency. In his public speeches and press conferences, Mark Carney often speaks about inflation and economics. Forex traders try to interpret his comments trying to make out hints regarding the monetary policy. Volatility is expected during his speeches. This is positive for the currency if his comments sound more hawkish than expected.