The EUR/GBP plunged in the European session after the Bank of England’s quarterly Inflation Report said the UK economy will expand 3.4% in 2014, much faster than the 2.8% rate forecast in November. This is expected to push employment below the 7% threshold sooner than expected. However, the BOE is expected to keep monetary policy […]
The EUR/GBP plunged in the European session after the Bank of England’s quarterly Inflation Report said the UK economy will expand 3.4% in 2014, much faster than the 2.8% rate forecast in November. This is expected to push employment below the 7% threshold sooner than expected. However, the BOE is expected to keep monetary policy […]
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