Bank of England governor in front of the Treasury Select Committee 24 May 2016

Ding ding, Round 1

  • BOE has higher bar in reading current economic data
  • EU referendum creating substantial uncertainty
  • does nbot expect BOE to say anything different about Brexit in its June 16 policy decision

Carney being put ion the back foot over Brexit from the opening bell as per my preview.

Catch all the action here

GBPUSD taking another leap higher and posting 1.4593 in a rush. Offers/res into 1.4600 should hold for the moment