Learning point from BoE's Saunders: When a hawk turns into a dove

Author: Giles Coghlan | Category: Education

FX lessons

   
Saunders
Learning point this am which we shouldn't let pass. 

When a hawkish board member makes a dovish comment

This is what happened earlier. Bank of England's Saunders is a hawk, but his comments about not delaying a necessary rate cut because of Brexit were dovish. See here for his earlier comments.

The reactions in the GBP were instant.  
   
hawk turns dove
ForexLive
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose