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Posted by
Two Blokes May 8 -
Filed in
Forex
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The EUR/GBP pair slides to near 0.8470 during early North American hours on Thursday as the Pound Sterling (GBP) attracts significant bids after the Bank of England (BoE) announces its monetary policy. The BoE reduced interest rates by 25 basis points (bps) to 4.25%, as expected, and retained its “gradual and cautious” policy-easing stance.
