British Pound Forecast ahead of BoE Rate Decision (Daily FX via Yahoo! Finance)
February 4, 2009 by admin · Leave a Comment
This Thursday, the Monetary Policy Committee of the Bank of England is expected to cut rates by 50 bps to 1 percent. This will bring the overnight rate to the lowest level in the bank?s more than 300 years of history which could make the British pound very vulnerable going forward.
