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FX Markets Stabilise Ahead Of US Nonfarm Payroll

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Nov 6, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Yesterday, the pound sterling was under heavy selling fires after the market interpreted the BoE announcement as dovish, or I should say as less hawkish than expected. As anticipated, the MPC voted by a majority of 8-1 to leave the rates unchanged at 0.50% but also cut growth and inflation[​IMG]

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