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Forex blog posts about Bank of England are presented here. You can click the selected excerpt's title to continue reading on 'Bank of England'.

USD Rallies Up as BoE Cuts Interest Rate

February 7th, 2008

Dollar (and, actually, Japanese yen too) showed a major triumph on Forex market today after the Bank of England decided to go down from 5.50% to 5.25% on the main interest rate. And despite, while BoE lowered the rate, ECB held the rate at the same 4.00% value, dollar bulls pushed …

Another Still Day for EUR/USD

June 20th, 2007

EUR/USD Forex pair was still today again. Some insignificant volatility didn’t even break 15 pips corridor. This day was low on macroeconomic releases, except for major release by the Bank of England — minutes of their latest meeting in June 6 and 7. This publication added

Focus of the Day: BoE Rates and U.S. Jobless Claims

June 7th, 2007

Bank of England voted to maintain its Bank Rate (interest rate) at 5.50% level — unchanged. It wasn’t a surprise for Forex traders, but there was a slight possibility of interest rate hike from the BoE, so results are more bearish for the pound. From the United States the Initial Jobless Claims

Euro Down to 1.3416, While Pound Regains Strength

May 23rd, 2007

EUR/USD touched new its new monthly low at 1.3416. That was a very important movement for Euro bears, but the currency pair bounced back up to high 1.3500 very soon and then flattened down to 1.3460 — showing its volatile nature. Nevertheless, mid-term trend for EUR/USD can be seen …

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