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Pound Spikes to 1.4900 on Suprise Split in BoE Vote

posted by Avatar fx360 703 days ago in USD, EUR, Daily made popular 703 days ago

The pound catapulted through the 1.4900 barrier in mid morning London trade after the Bank of England minutes revealed a surprise call for an interest rate hike from MPC member Andrew Sentance. The BoE left the benchmark rates at 50bp and was unanimous in voting to keep the quantitative easing program at 200 Billion GBP level.
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