Pound Rebounds Vs Most Majors Ahead Of BoE Decision
March 22 2018 - 3:56AM
RTTF2
At 8.00 am ET Thursday, the Bank of England is set to announce
its rate decision and the minutes of the meeting. The bank is
widely expected to hold its key rate at 0.50 percent and the asset
purchase plan unchanged at GBP 435 billion.
The pound traded mixed against its major counterparts before the
decision. While the pound recovered from its early lows against the
franc, greenback and the euro, it held steady against the yen.
The pound was worth 149.65 against the yen, 1.3424 against the
franc, 0.8698 against the euro and 1.4160 against the greenback at
7:55 am ET.
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