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The Pound is consolidating around the mid-1.20 range against the US Dollar, in the lead up to the Bank of England’s monetary policy decision due at noon UK time Thursday. Although the BOE is unlikely to adjust its benchmark interest rate, currently at 0.1 percent, the central bank is instead expected to add some 100 billion Pounds to its bond-buying programme, bringing the total target to 745 billion Pounds.[[{"fid":"11510","view_mode":"default","fields":{"format":"default","field_file_image_alt_text[und][0][value]":false,"field_file_image_title_text[und][0][value]":false},"type":"media... Read More

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