UK currency slid after BoE meeting minutes

Source: Bloomberg
© scanpics/FP
The Cable weakened after no MPC members were reported to vote in favour of an interest rate hike. The committee members Martin Weale and Ian McCafferty changed their mind regarding the suitable interest rate level due unstable and weak oil prices that in turn may lead to low inflation. In a different report, the UK wage growth came out below the analysts' estimate.

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