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European Open Briefing

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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    The British Pound rallied yesterday after the Bank of England surprised markets by keeping rates and the size of their QE programme unchanged. The market was not expecting any QE expansion, but it was anticipating a 0.25 rate cut. GBP/USD saw high volatility following the announcement. It first rallied[​IMG]

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