7:00am (NY Time) UK Offcial Bank Rate Decision  Forecast 0.50%   Previous 0.50%
ACTION: GBP/USD      N/A

UK’s BOE, Bank of England’s Monetary Policy Committee (MPC) is once again scheduled to release their interest rate decision today and the expectations are to keep both their official bank rates at 0.50% and APF (Asset Purchasing Facility) unchanged. The important focus as usual today will be the accompanying BOE Statement if they decide to release one, and it is customary that BOE will only release a rate statement if there is a change to either the Interest Rate or the APF. 

7:00am (NY Time) UK Offcial Bank Rate Decision  Forecast 0.50%   Previous 0.50%
ACTION: GBP/USD      N/A

UK’s BOE, Bank of England’s Monetary Policy Committee (MPC) is once again scheduled to release their interest rate decision today and the expectations are to keep both their official bank rates at 0.50% and APF (Asset Purchasing Facility) unchanged. The important focus as usual today will be the accompanying BOE Statement if they decide to release one, and it is customary that BOE only releases rate statement if there is a change to either the Interest Rate or APF program. 

7:00am (NY Time) UK Offcial Bank Rate Decision  Forecast 0.50%   Previous 0.50%
ACTION: GBP/USD      N/A

UK’s BOE, Bank of England’s Monetary Policy Committee (MPC) is once again scheduled to release their interest rate decision today and the expectations are to keep both their official bank rates at 0.50% and APF (Asset Purchasing Facility) at 200 Billion Pound. The important focus as usual today will be the accompanying BOE Statement if they decide to release one, and it is customary that BOE only releases rate statement if there is a change to either the Interest Rate or APF program. 

7:00am (NY Time) UK Offcial Bank Rate Decision  Forecast 0.50%   Previous 0.50%
ACTION: GBP/USD      N/A

UK’s BOE, Bank of England’s Monetary Policy Committee (MPC) is once again scheduled to release their interest rate decision today and the expectations are to keep both their official rates at 0.50% and APF (Asset Purchasing Facility) at 200 Billion Pound (at least for the time being). The important focus as usual today will be the accompanying BOE Statement if they decide to release one.

7:00am (NY Time) UK Offcial Bank Rate Decision  Forecast 0.50%   Previous 0.50%
ACTION: GBP/USD      N/A

UK’s BOE, Bank of England’s Monetary Policy Committee (MPC) is scheduled to release their interest rate decision today and the consensus expectations are to keep current rates at 0.50% and APF (Asset Purchasing Facility) at 200 Billion Pound.  The important focus today will be the decision concerning the APF program as it is expected to expire later this month.  If MPC decides to take a “wait and see” stance on the APF, expect to see GBP soaring against other majors as this is a strong message reflecting the recovery of UK’s economy.