OctaFX | OctaFX Forex Broker
Open trading account

UK gilts remain near lows on Carney comments

FXStreet (London) - UK gilt yields remain close to lows as Bank of England governor Mark Carney and members of the Monetary Policy Committee address the Treasury Select Committee.

Addressing the Treasury Select Committee chaired by Andrew Tyrie MP, BoE governor Mark Carney stated that “There is a substantial degree of uncertainty around the degree of spare capacity in the economy.”

UK 10 year gilt yields are currently pricing at 2.022 percent after hitting 2.17 percent before the testimony before MPs – a 5-week low.

2-year yields are currently pricing at 0.547 percent, climbing from 0.522 percent at open of play this morning and coming off highs at 0.555 percent.

USD/CHF finds support at 0.9660

USD/CHF is trading unchanged on Tuesday, steady so far after finding support at the 0.9660 area. Yesterday the pair failed to hold above 0.9700 and retreated.
Read more Previous

USD/CAD retreats from highs

After climbing to session highs near 1.1320 on Tuesday, USD/CAD is now easing some ground to the vicinity of 1.1300 the figure...
Read more Next
Start livechat