GBPINR - Ways2Capital

GBPINR trading range for the day is 92.32-92.79. GBP dropped as investors questioned whether the Bank of England would raise interest rates in May following weaker-than-expected economic data.

Carney told that a May rate rise was not a given and that there were other BoE meetings later in the year.

Markets are now pricing in a 40 percent chance of a 25 basis point rise in May, down from an almost 70 percent chance before Carney spoke.

For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ - 0731-6626191 | Toll Free - 1800-3010-2007
Give a Missed Call for Free Trial - 09699997717

Share this

Related Posts

Previous
Next Post »