BOE Keeps rates unchanged ECB hikes by 0.25% – Both as expected No major movements for Sterling Euro

On what could have been an extremely volatile day for Sterling and the Euro we have seen a bit of a non event so far.

Both central banks did exactly as expected which has led to minor movements on the markets and no major worries for those with upcoming requirements.

Be aware of any comments following these decisions as the markets move on rumour as well as fact so any further indications of rate movements in the future could lead to further volaitlity.

Personally, I feel the Pound will improve leading up to the summer however anything could happen and opinions are changing rapidly in the current climate.

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