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QE could be extended, could cut rates - BOE’s Carney

FXStreet (Mumbai) - The Bank of England governor Mark Carney, while speaking at the press conference, said the bank could extend its QE and could cut rates if the downside risks materialize.

Key Quotes

QE could be extended, could cut rates if down risks materialise

Long term equilibrium jobless rate unchanged at 5.0%

GBP/USD breaks below 1.53 on BoE

The selling interest around the sterling is gathering further traction today, now pushing GBP/USD to daily lows in sub-1.5300 levels...
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EUR/GBP spikes to 0.7120 on dovish BOE, QIR

The cross in the EUR/GBP spiked to fresh session highs above 0.71 barrier, after the pound dropped sharply in response to the dovish BOE minutes and quarterly inflation report (QIR).
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