Investopedia

Forex Flash: BoE minutes might show more votes for QE than thought – TD Securities

November 21, 2012 | Filed Under »
Forex pairs in this Article »
FXstreet.com (Barcelona) - Knowing now about the coupon transfer plan (and how the MPC sees it as roughly equivalent to QE of the same amount), TD Securities analysts believe the BoE vote on the last meeting on Nov-8 wasn't as close as thought (5-4). "Now that we do know about it, we think that we may still see one or two votes for more QE, but wouldn't be shocked if the result were unanimous for remaining on hold either", they wrote.
comments powered by Disqus
Marketplace
Trading Center