Open Demo Account
Home / Market Update / Bailey: Seeing Signs of Recovery

Bailey: Seeing Signs of Recovery

Adel 13 July, 2020 5:39 pm Market Update

Bank of England Governor Andrew Bailey said on Monday that the country is experiencing signs of an economic recovery. However, there is still a long way to go and emphasized employment worries.

These comments had little impact on market sentiment and performance of the Pound sterling. FTSE 100 in the UK rose 1.15% during the day to 6,165 and GBP/USD pair almost unchanged at 1.2615.

Tags

Check Also

Bank of England Chief Says Gulf Turmoil Is Fueling UK Inflation Pressures

Bank of England Governor Andrew Bailey has attributed the recent inflation overshoot in the United …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends