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Aug rate hike back on table | Foreign Exchange News | 22 June 2018

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Andy Haldane the Chief Economist of the Bank of England joined the “usual suspects”, Ian McCafferty and Michael Saunders in voting for a hike in short term interest rates in the U.K. from 0.5% to 0.75% at yesterday’s MPC meeting. This gave a slight boost to the chances of a hike in August and provided support for the pound which had earlier made a new low for the year versus the dollar of 1.3101. It recovered a little on the back of the news of a further dissenting voice closing at 1.3241. Read More: https://www.currencytransfer.com/daily-market-brief-22june2018 Headquartered in London, CurrencyTransfer.com is the world’s first global payments marketplace. Launched in 2015, CurrencyTransfer.com has helped thousands of SME's & MiniMultinationals providing significant bottom line savings, reducing bank beating fees and spreads, as well as saving your finance function countless hours via it's award-winning currency risk management tools. Save time and money, take back control today! All transfers with CurrencyTransfer.com are safe and secure, aggregating rates from FCA authorised and locally licensed payment partners globally. Our international relationship management team provide dedicated insight, energy, knowledge and expertise, to help maximise the value of your transfers. -- Follow Us Online Here: Website: https://www.currencytransfer.com/ Instagram: https://www.instagram.com/currencytransfr/ Facebook: https://www.facebook.com/currencytransfer/ Twitter: https://twitter.com/currencytransfr LinkedIn: https://www.linkedin.com/company/currencytransfer/
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Text Comments (1)
CurrencyTransfer.com (5 months ago)
o GBP/USD 1.3266 o GBP/EUR 1.1415 o EUR/USD 1.1618

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