So... what did the BOE say to the economists then?

[arabianights]

I'm hearing rumours but don't actually *know* anything... but sell offs like that are presumably for a reason...

 

[arabianights]

hmm good timing in posting lol

 

[maximm2008]

I love rumours like this...nothing actually comes out but because someone says "economists present with the MPC reckon BoE aren't ready to reduce the reserve rate"....the whole strip takes a beating. Over 150k contracts traded in Z9....pretty impressive.

 

[arabianights]

yup... reckon we'll hang around here for a while now...

 

[maximm2008]

yeah I agree...November inflation report the next big thing to look out for....

 

[Rhody Trader]

No, really. Mr. King didn't mean to imply the BoE would like to see weaker sterling. Seriously.