Pound Mixed Ahead Of BoE Decision
05 Agosto 2020 - 8:56PM
RTTF2
At 2:00 am ET Thursday, the Bank of England's monetary policy
announcement is due. After expanding the QE by GBP 100 billion in
June, markets expect the bank to hold the programme at GBP 745
billion and the interest rate at a historic low of 0.10
percent.
Ahead of the decision, the pound traded mixed against its major
rivals. While the pound rose against the franc, it held steady
against the greenback. On the other hand, it fell against the yen
and the euro.
The pound was worth 1.3125 against the greenback, 138.46 against
the yen, 1.1917 against the franc and 0.9052 against the euro as of
1:55 am ET.
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