Pound Freefall Continues As BoE Signals Quantitative Easing, Unemployment Highest in Eight Years (Daily FX) and US dollar mixed in European trading (AP)

The Pound dropped after climbing back above 1.4000, but failed to hold the level ahead of the BoE’s minutes and employment data as traders started to price in further rate cuts and quantitative easing from the central bank.

Talking Points

• Japanese Yen: Finds Support at 89.60• Pound: BoE Sig…

Comments are closed.