Pound Mixed Ahead Of BoE Decision
March 05 2015 - 6:56AM
RTTF2
The Bank of England is set to announce the outcome of the
two-day rate setting meeting at 7.00 am ET Thursday. The bank is
widely expected to hold its key bank rate at 0.50 percent and
quantitative easing at GBP 375 billion.
The pound traded mixed against its major rivals ahead of the
announcement. While the pound advanced against the yen and the
franc, it held steady against the greenback and against the
euro.
The pound was worth 0.7245 against the euro, 1.4771 against the
franc, 183.23 against the yen and 1.5246 against the greenback at
6:55 am ET.
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