BoE ready to act after ‘Brexit’

The Bank of England stressed it will take all the necessary actions to preserve stability in the financial markets after the shocking victory of the ‘Leave’ vote at the UK referendum.

The BoE has also added it has undertaken extensive contingency planning, while it is closely working with the UK Treasury and central banks overseas.

At the moment, GBP/USD is approaching 1.3700 and EUR/GBP has broken below 0.8100, while a statement from Governor Carney should be on the wires anytime soon.

Jun 24, 2016

Focus on how the EU and the ECB will respond to the UK vote – Danske Bank

Research Team at Danske Bank, suggests that the key focus in the market will be the implications for and policy response to a Brexit for the UK, the E

GBP/USD attempts a recovery to 1.37, might get sold into

After a free-fall all the way to its lowest level since 1985, the GBP/USD pair seems to have found some support around 1.3200 region and recovered nea