BOE Governor Carney Speaks (GBP) – 10/06

 

What is it? Carney is due to speak, along with Chancellor of the Exchequer George Osborne, at the Annual Mansion House Dinner, 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? June 10th at 4:00pm Eastern Time.

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

 

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