LONDON (Thomson Financial) – The pound was sharply down, hitting an all time low against the euro and 10-month low against the dollar, as the dust settled on the Bank of England’s decision to leave interest rates on hold yesterday, with the market increasingly convinced that rates will fall in February. PK – news – people ) said sterling’s slide indicates the market disagrees with the BoE’s rate call, saying the ‘the MPC decision not to cut rates lacks credibility’. PK – news – people ). The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News. The content on this site, including news, quotes, data and other information, is provided by AFX News and its third party content providers for your personal information only, and neither AFX News nor its third party content providers shall be liable for any errors, inaccuracies or delays in content, or for any actions taken in reliance thereon. read more
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