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BOE and ECB Take Center Stage
03/04/10 by Daily Forex Snapshots
Filed under Forex & Futures
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TOday markets will be focused on the ECB and BoE meetings. The Bank of England is expected to keep rates on hold at 0.50% this month and to maintain its asset purchase target at GBP 200bn for the time being. The risks however, have been gradually shifting towards a possibility of the resumption of quantitative easing just a month after the MPC signaled a pause. Voting member David Miles asserted… | ||||||||||||||||||||
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