Worse manufacturing production released earlier in Wednesday's session was totally neglected by Pound as weakness in production was priced-in by markets already.
Some gaining on Cable in early London session was induced by USD weakness due profit taking before Yellen testimony.
Fed's prepared statement speech and Q&A session was rather neutral. Fed in wait-and-see data-depended mode. But rate hike in March possibility diminished to 2%, according to fed fund futures.
Crude oil inventories unexpec…
Some gaining on Cable in early London session was induced by USD weakness due profit taking before Yellen testimony.
Fed's prepared statement speech and Q&A session was rather neutral. Fed in wait-and-see data-depended mode. But rate hike in March possibility diminished to 2%, according to fed fund futures.
Crude oil inventories unexpec…