Intraday Market Thoughts

BoE & Fed Minutes FX & Gold Play

by Ashraf Laidi
Nov 19, 2014 12:36

Sterling gets a boost after the BoE minutes surprisingly revealed a more hawkish view on inflation, despite the vote remaining a 7-2 split majority in favour of holding rates unchanged at 0.50%. But don't bet on today's release of the minutes from the Fed's October meeting doing the same for the greenback.  Full charts & analysis here.

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BoE & Fed Minutes FX & Gold Play - Gold And Usdx Nov 19 (Chart 1)


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