And Futures have moved 7 tics on it
Vote : 7-2 as expected….for BoE. Some members saw the need for more bond purchases (QE). It is also worth noting that Weale and Dale suggested the growth outlook was weak. It sounds like they are softening. Wage data was described as subdued. Overall the tone seems more dovish than before.
GBP sellers from system base seen …macro buyers of EURGBP
GBP$ 1.6200 > 1.6150 EURGBP 0.8890 >0.8915
HSBC Global Research