Pound little changed amid Carney's speech in Singapore

Source: WBP Online
© Scanpix/FP
The UK currency moved away from the 14-month trough reached after the downgrade of the inflation outlook in the recent report but stayed close to 1.5619, as the BoE Governor made speech in Singapore. Marc Carney mainly spoke on the topic of reliability of the modern financial system and highlighted the need for improvements in the government spending and taxation policies in Europe.

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