- notes importance of of wage developments
GBP lower on the report published here
Carney just started to talk here
- sees wage growth in 2014 +1.25% vs +2.5% prev forecast in May
- sees unemployment rate at 5.4% in two years
- says market sees first rate rise in q1 2015 reaching 2% by Q4 2016
GBPUSD 1.6760 EURGBP 0.7965
Did we really expect anything any different ??
Bids still in at 1.6750 and 1.6730
