Pound rises after Carney's comments

Source: WBP Online
© Scanpix/Reuters
The Pound Sterling opened this week at a higher level against the US Dollar as Mark Carney revealed that wages are not a pre condition for a rate increase. With Carney expressing that he also has confidence in a sustainable real wage growth the Cable added 0.24% and was trading at 1.6727. This rebound has come after it reached its lowest in four months on Thursday.

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