Flash: US Developments outweigh BoE – TD Securities

FXstreet.com (London) - Research teams at TD Securities said, “The BoE meeting this morning was the highlight UK event, although as well anticipated…”

Key Quotes:

“The BoE meeting this morning was the highlight UK event, although as well anticipated no change to the policy rate or asset purchase program, and no release of a monthly statement has offered little new for markets to digest”.

“The GBP has accordingly had little reaction and GBP/USD remains consolidative after yesterday’s slide”.

“Without anything significant out of the UK for the rest of the week, US developments remain the focus for the pair (Fed speakers today and headlines out of Washington).”