Pound Falls Ahead Of BoE Decision
06 May 2021 - 4:58PM
RTTF2
The Bank of England's monetary policy announcement is due at
7:00 am ET Thursday. The Monetary Policy Committee is widely
expected to hold the key rate at a record low of 0.10 percent and
the quantitative easing programme at GBP 875 billion.
Ahead of the decision, the pound dropped against its major
counterparts.
The pound was worth 1.3900 against the greenback, 151.67 against
the yen, 1.2632 against the franc and 0.8663 against the euro at
6:55 am ET.
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