Cable Drops 100 Pips as BoE Cuts Rates!
The BoE lowered its rate by 25bps to 5% but did warn against a jump in inflation.
As the Fed also signaled it would cut its bank rate in their next meeting, will we see all central banks follow?
Timestamps
EURUSD 00:45
GBPUSD 02:00
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The post Cable Drops 100 Pips as BoE Cuts Rates! appeared first on Orbex Forex Trading Blog.
