Forex Update - Thursday : BOE, ECB Announce rates

owais

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With both ECB and BOE Announcing rates Thursday, Players are retreating to the sidelines to let the dust settle.
The ECB is expected to increase 25 bp to 3.00%.
The BOE case is tougher, most suspect no hike Thursday but expect votes for a hike, signalling to the market that a move is imminent.
 
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