Sterling jumps as BoE hints at no additional bond purchases
The focus of the currency markets was on Bernanke, but the moves were limited. The dollar regained some of the recent losses even as the Fed president reiterated that policy will stay accommodative for long. Sterling jumped higher as the BoE voted unanimously not to raise the amount of asset purchases ahead of next month’s debate on forward guidance.
Read the full report: FX Daily
KBC