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British Pound Strengthened ahead of Bank of England Governor Bailey’s Testimony

Markets After the much-anticipated Powell interview Tuesday evening, rates momentum, especially in the US, eased. Hammer-like patterns back then emerged on the technical charts, suggesting a short-term correction was imminent. That happened yesterday, be it orderly. US yields fell between 4.2-6.2 bps. The 10y tenor outperformed following a very strong $35bn auction. The economic calendar […] The post British Pound Strengthened ahead of Bank of England Governor Bailey’s Testimony appeared first o... Read More

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British

Pound

Strengthened

Ahead

Bank

England

Governor

Bailey s

Testimony

Forex

Posted: Feb 9 2023, 07:28

Author Name: actionforex

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