BOE gov Carney and others still testifying to TSC 21 Feb
Broadbent:
- should that uncertainty be lifted then there could be a marked rise
More if, should, could from the BOE along with other CBs
Carney:
- traditional boost from weaker pound on trade has held but there hasn't been added boost to investment
Boost for trade from weaker pound? Does he forget that the UK is net import led and even exporters have to buy in raw materials? Grrrrrrr.
Meanwhile GBP still drifting higher at 1.3960, 0.8826 and 150.10 but all a yawn right now as FOMC Minutes at 19.00 GMT continue to cast a shadow.
