How Much Higher Will the Pound Go?

The transcript discusses the impact of Mark Carney's comments on the currency market, particularly the pound and euro. It analyzes the bond market's reaction to the ECB's monetary policy measures and the performance of asset markets. The discussion also covers valuations and yields in Europe, highlighting the euro's strength. Finally, it touches on expectations for future ECB actions, including quantitative easing.

Discuss the significance of the bond markets' reaction to the ECB's announcements.

What does the text suggest about the current valuations in the eurozone compared to the United States?