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Tag Archives | Forward guidance

Why doesn’t anybody believe me?

Mr Carney chose Nottingham, middle England, to make his first public speech since assuming the role of governor of the Bank of England. Nottingham at the heart of the country with it’s small & medium sized businesses represents the core of the British economy. His, was a message of reassurance […]

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What now for Sterling?

In my note last month I finished off by saying ‘’ Mark Carney may have to delve deeper into his unconventional toolkit to get significant Stg weakness (above .8800)’’. In the event he did just that and came up with ‘’Forward Guidance’’ (this is the communication by a central bank […]

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