Disliked{quote} When the dovishness is priced in, market will look for the slightest hawkishness to trap the investors/traders. Not saying that will necessarily to be the case but it's better to be careful. Nice analysis mate, greenest pipsIgnored
BOE'S BAILEY: `NOT YET AT A POINT' TO CUT BASE RATE
Press conferences are always tricky. Like i said on the quote above. If dovishness is priced in, it's the hawkish hints that market looks forward to. Or if the hawkishness is priced in, then it's the dovish comments that moves the price.
2+2 equals to 5 in trading.
Now i wouldn't say Bailey was hawkish, it's just markets pinning out a sentence and using it for it's liking
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