ECB bond buying can provide stimulus- BOE’s Carney

FXStreet (Mumbai) - The Bank of England (BOE) governor Mark Carney is on the wires again, stating that the European central Bank’s (ECB) bond buying program can provide stimulus.

On Greece–

Carney said that the BOE is fully supportive of the actions on Greece initiated by the ECB and contingency plan on Greece has not been necessary.

AUD/USD extends losses on USD strength

AUD/USD remains under pressure on Wednesday, having scored fresh lows at the beginning of the New York session, amid broad-based greenback strength.
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