Theresa May’s speech: It's up to Govt to mitigate side effects of BOE low interest rates

Following are the additional comments from the UK PM Theresa May, as she continues to speak live at the BOE anniversary conference – 20 years on:

On BOE low interest rates - actions taken to solve one problem can create others

Govt needs to look to see if it should mitigate side-effect of low interest rates on savers

Boeing position on bombardier undermines our relationship, is not what we would expect from a long term partner

Will keep stressing importance of Bombardier to N Ireland

Elements of protectionism are creeping in around the world

Brexit implementation period will be time limited

Not in EUs interest to see European financial markets fragment

GBP/USD keeps the red below 1.34 mark, near 2-week lows after Carney and May

The GBP/USD pair faded a knee-jerk spike to 1.34 neighborhood and quickly retreated to hit fresh session lows, in the 1.3350-40 region.  The pair gai
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EUR/USD reverts the downside, clinches highs near 1.1780

The single currency has left the initial bearish note behind and is now pushing EUR/USD to test daily highs in the 1.1770/80 band. EUR/USD bid ahead
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