The Bank of England kept the Bank Rate at 4.00%. The vote split was 5-4 in favour of hold, more dovish than expected. The potential of further easing hinges a lot on the continuance of the recent promising disinflation. The market reacted by trading Gilt yields a bit lower and EUR/GBP higher, although the latter […]The post Bank of England Review – Dovish Hold appeared first on Action Forex.