Gbp/usd - 1.5908 ... The Bank of England kept interest rates unchanged at a record low of 0.5% as widely expected n announced no new quantitative easing purchases. The MPC will have had access to a quarterly update to the BOE's growth n inflation forecasts which will be published on Aug. 11 while minutes of this MPC meeting are due on Aug. 18. The British pound maintained a firm undertone after the announcement. Bids are now located at 1.5880, 1.5860/65 n further out at 1.5820/30.
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