Pound Climbs Ahead Of BoE Rate Decision
08 October 2015 - 5:56PM
RTTF2
At 7:00 am ET Thursday, the Bank of England is set to announce
its rate decision. The bank is expected to hold its key rate at
0.50 percent and quantitative easing at GBP 375 billion.
Ahead of the announcement, the pound advanced against its major
rivals.
The pound was trading at 1.5349 against the greenback, 183.88
against the yen, 0.7358 against the euro and 1.4849 against the
franc as of 6:55 am ET.
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