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Forex Trendy A Forex Trend detection Software !!!

Today I decided to add one more tool to what we are doing. As you know to make decision, a quick decision & then confirming with your...

Thursday, August 4, 2016

What Happens after BoE Interest Rate Decision news? GBPUSD GBPJPY GBPCAD Lets see how it goes


What Happens after BoE Interest Rate Decision news? GBPUSD GBPJPY GBPCAD Lets see how it goes




The Bank of England cut its benchmark interest rate for the first time since 2009 to a historic low of 0.25%, while announcing an expanded package of stimulus measures and reducing its economic growth forecasts. Sterling was down more than 1% against the dollar following the news. Follow the Journal's live coverage.


"With respect to savers, this is something that we think about a lot as a group of people who have worked hard, absolutely done the right thing, set money aside and the returns are very low and tehy're likely to be low for some time.
"That's true in the UK, it's true in all advanced economies.
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