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7 Aug 2014

BoE leaves rate and QE unchanged

FXStreet (Córdoba) - At today’s meeting, the Bank of England decided to monetary policy unchanged with the rate left at 0.5% where it has stood since March 2009.

The Monetary Policy Committee of the Bank of England also decided to leave the Asset Purchase Facility at £375 billion.

The minutes from the August 7 meeting will be published on Wednesday, August 20.

Aug 7, 2014

United Kingdom BoE Asset Purchase Facility: £375B (August)

GBP/USD back to 1.6840 post-BoE

After briefly hitting highs beyond 1.6860, the GBP/USD is now returning to the pre-BoE levels around 1.6845/40...