Sunday, February 12, 2012

Could BoE and ECB Rate Decisions Surprise?

February 5, 2009 by · Leave a Comment 

Euro and pound were generally range bound in early European trade as the currency market awaited rate decisions from both the BoE and the ECB due 12:00 and 12:45 GMT respectively. With economic calendar essentially barren trading was likely to remain choppy as EUR/USD tried to hold on to the 1.2800 level while cable consolidated around 1.4400.

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