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Will BoE Dissent Change Pounds Direction?
Currently, the Central Banker remains at the 'core' for most of the forex moves. Governor Stevens at the RBA is trying hard to jawbone his own currency, the Aussie dollar, lower. While the 'chameleon' Governor Carney at the BoE seems to be confusing investors with some hawkish weekend copy, combined with dovish comments delivered last week, is complicating the pound's direction this week. Thrown into the mix an MPC dissenter or two, and if nothing else, policy makers are certainly providing investors with price movement opportunities. Even stateside, the investor is looking to the policy maker for guidance. The FOMC ... (full story)