Carney still answering questions at the presser

Overshoot? Jeeze, they'll be lucky to even get anywhere near target

GBP slipping again on the rather low-key but dovish remarks so far

  • MPC takes a policy decision each month
  • a rate increase now didn't make sense

It seems to me that this man or his colleagues are not very confident of the path ahead

They must have finally read all my posts from the last 2 years!

  • market rate expectations do not reflect preference of MPC
  • MPC sees house price growth and housing market activity picking up

EURGBP capped at the offers around 0.7135 that I've highlighted and now 0.7125 again

GBPUSD posts new lows of 1.5259 but now back to 1.5266 as the demand at 1.5250 that I've also highlighted, as has Ryan now, holds so far