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BoE’s Carney: markets are not positioned for ‘no-deal’ Brexit risk

  • BoE’s Carney is crossing the wires.

Carney says:

  • Date of Brexit to have no effect on his tenure at BoE.
  • Lack of agreement on brexit is a sign of global issues.
  • No-deal Brexit would be first supply shock for an advanced economy in at least 40 years.
  • Risk of no-deal Brexit lowered by last night's agreement.
  • Lack of agreement on Brexit is a sign of global issues.


 

EUR/USD Technical Analysis: Euro depressed near daily lows

EUR/USD daily chart EUR/USD is trading in a bear trend below its 200-day simple moving average (SMA). EUR/USD 4-hour chart EUR/USD is trading just bel
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AUD/USD faces tough resistance up at 0.7207

After a surprisingly soft reading on U.S. core inflation pushed Treasury yields and a softer U.S. dollar lower yesterday, the Australian dollar flatli
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