Pound returns from three-week low against Euro on Carney's growth vision

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Source: Bloomberg
© Scanpix/AP
The Pound appreciated from a three-week low as BoE Governor could not convince investors that interest rates will be kept very low. The sterling added 0.4% to 85.82 pence per Euro as of 3:18 p.m. in London, while the Pound lost 0.1% to $1.5530, following a drop to $1.5429 on August 14. The two-year gilt yield soared 0.05 percentage points to 0.47%.
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