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BoE's Inaction Boosts GBP, JPY Slides Further

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 15, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Yesterday, the FX market reacted nervously to the BoE decision to keep interest rates unchanged at 0.50%. Indeed most economists were expecting the central bank would have anticipated the negative effect of the Brexit. This decision denotes a hesitancy to commit to any major moves before first gaining more clarity[​IMG]

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