The UK Chancellor Philip Hammond was out on the wires in the last hour, via Reuters, saying that the current BoE Governor Mark Carney has agreed to extend his term and will now serve until the end of January 2020.
• Carney is to see the economy through "turbulent period".
• Carney has agreed to stay despite "personal pressures".
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.