Is the BOE or ECB going to surprise?
All the markets today waited in anticipation for decisions of Bank of England and European Central Bank about their interest rate.
The BOE kept its key lending rate at the same, unchanged since March 2009 level.
The rate stays still at 0.5% as experts predicted.
The GBP was barely changed against the U.S. dollar the Bank announcement.
Following the news release pound slightly went higher against USD, trading GBP/USD at 1.5716
On the other hand European Central Bank lowered interest rate from 1.25% TO 1.00%, agreeing with economist forecast.
We are expecting President Mario Draghi at the monthly conference at 3.30pm this afternoon.
