Pound Mixed Ahead Of BoE Decision
May 02 2019 - 2:55AM
RTTF2
At 7:00 am ET Thursday, the Bank of England announces its
interest rate decision. Economists widely forecast the benchmark to
remain at 0.75 percent and asset purchase program at GBP 435
billion.
Ahead of the announcement, the pound traded mixed against its
major counterparts. While the pound held steady against the euro
and the franc, it retreated against the yen and the greenback.
The pound was worth 1.3050 against the greenback, 145.55 against
the yen, 1.3301 against the franc and 0.8584 against the euro as of
6:55 am ET.
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