Thursday, August 21, 2014

MPC bank rate votes- Two voted to hike rates

The Bank of England Monetary Policy Committee announced their voting results. Two voted of the board members voted for a rate hike while the other nine were agreeable that rates should remain as they are.

It is a sad moment for me as my GBP/JPY would have given me at least another 40-50 pips had I not closed my position earlier.

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