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FX Market On Hold Ahead Of NFPs

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Feb 5, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    As expected the Bank of England maintained its benchmark rate at record-low 2% (even Ian McCafferty switched his hawkish vote). The MPC revised down its growth projection to 2.2% from 2.5% for 2016 and to 2.4% from 2.7% for 2017. As expected, the MPC also trimmed the inflation forecast to[​IMG]

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