Pound Recovers Ahead Of BoE Decision
February 08 2018 - 1:55AM
RTTF2
At 7.00 am ET Thursday, the Bank of England is set to announce
its decision on monetary policy. The central bank is widely
expected to hold its key bank rate at 0.50 percent and quantitative
easing at GBP 435 billion.
Ahead of the decision, the pound recovered from early lows
against its major rivals.
The pound was worth 1.3902 against the greenback, 152.30 against
the yen, 1.3130 against the franc and 0.8805 against the euro as of
6:55 am ET.
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