Pound Falls Vs Most Majors Ahead Of BoE Decision
07 February 2019 - 05:58PM
RTTF2
At 7:00 am ET Thursday, the Bank of England announces its
decision on interest rate. Economists expect the benchmark rate to
remain at 0.75 percent and asset purchase facility at GBP 435
billion.
Ahead of the decision, the pound traded mixed against its major
counterparts. While the pound rose against the euro, it fell
against the rest of major rivals.
The pound was worth 141.59 against the yen, 1.2929 against the
franc, 1.2896 against the greenback and 0.8788 against the euro as
of 6:55 am ET.
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