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Currency Analyst since 2010

Bank of England: policy unchanged

As expected, the Bank of England has left policy unchanged with the benchmark rate at 0.5% and the size of the asset purchase program at 375B.

There is no statement in today’s meeting, prompting investors to follow the more ample risk-on trends ahead of the US data later today.

GBP/USD is trading in the $1.6795/70 area.

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