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Thursday, June 10, 2010

British Pound Fails to React to BoE Interest Rate Decision, ECB Maintains Current Policy

The Bank of England held the benchmark interest rate at 0.50% and maintained its asset purchase target at GBP 200B, but the British Pound showed little reaction to the rate decision as the central bank refrained from releasing a policy statement.

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[Source: DailyFX Forex Market News]

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