GBP/USD is trading at 1.3162, down 0.0163.
The pair is trading very choppy and at session lows.
The Bank of England Monetary Policy Committee voted unanimously to cut the Bank Rate to 0.25 percent. It is the first rate cut in seven years. The committee also voted to raise the stock of purchased assets to 435 billion sterling.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in