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Hikes to be gradual, limited – BOE’s Carney

FXStreet (Mumbai) - The Bank of England governor Mark Carney, while speaking at the QIR press conference, said the rate hikes whenever they happen are likely to be more gradual and limited.

Key Quotes

Sterling strength is disinflationary

Growth seen picking up from mid-2016. Investment, housing seen boosted by loose credit conditions

Domestic demand resilient

Inflation could exceed the 2% target in next two years

To eliminate spare capacity over the next year

EUR/USD turns positive near 1.0880

The single currency is alternating gains with losses on Thursday, with EUR/USD wobbling around the 1.0870/80 band so far...
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EUR/GBP supera 0.7100 ante debilidad de la libra

El EUR/GBP superó la barrera de 0.7100 tras la brusca caída de la libra en respuesta a las minutas del Banco de Inglaterra (BoE) y al Reporte Trimestral de Inflación
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