Wednesday, November 14, 2012

King Pounds the Pound

The Bank of England’s inflation report was quite dovish and also included a complaint about the strength of the pound. He also mentions that more QE could be on the way. GBP/USD reacts to the news with a slide towards the 1.5780 levels. Update: cable already touches 1.5862. Some points from the report (updated): Near
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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