1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Bank of England As Expected: No Moves On The Pound

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jul 9, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    There was nothing of note in the Bank of England statement that was not already widely expected, and therefore built into fair value on the pound. The Bank will continue its liquidity program, and will maintain 0.5% as the overnight interest rate. The moves straight after the announcement look to...

    complete article here...

Share This Page