Due to hold a press conference, along with other MPC members, about the Inflation Report, in London;
Source Bank of England (latest release)
Speaker BOE Governor Mark Carney;
Usual Effect More hawkish than expected = Good for currency;
FF Notes BOE Governor Jul 2013 - Jun 2018. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues;
Why Traders
Care As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy;
Acro Expand Bank of England (BOE);