Today The Bank of England released its quarterly report, which includes the BOE's projections for inflation and economy growth over the next 2 years.
The prospects for the UK economy hace worsened. The Bank has beed forced to reduce its projections for GDP growth.
As for Forex, Sterling fell to a session low aginst the dollar.
GBPUSD fell some 30 pips to 1.5743 from 1.5772 immediately after the news.
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