FXStreet (Edinburgh) - The sterling is now quickly losing ground vs. the greenback, dragging GBP/USD to the 1.5080 area post-BoE, UK data.
GBP/USD hurt by BoE vote, data
Spot saw its recent gains eroded after the BoE showed an unanimous vote favoring the current status quo – rates at 0.5% and asset purchase facility at £375 billion – from a 9-2 vote in the previous meeting. Regarding the labour market, the Claimant Count decreased more than expected 29.7K in December while the unemployment rate ticked lower to 5.8% in the three months ended in November, bettering expectations.
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GBP/USD hurt by BoE vote, data
Spot saw its recent gains eroded after the BoE showed an unanimous vote favoring the current status quo – rates at 0.5% and asset purchase facility at £375 billion – from a 9-2 vote in the previous meeting. Regarding the labour market, the Claimant Count decreased more than expected 29.7K in December while the unemployment rate ticked lower to 5.8% in the three months ended in November, bettering expectations.
Read more Click here / www.trade4x.net
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