British Pound depreciated against the US Dollar, following the UK Official Bank Rate on Thursday at 11:00 GMT. The GBP/USD exchange currency rate lost 23 pips or 0.18% during a minute, right after the release. The market did not react on the data release at all at this time.
The Bank of England released Bank of England Official Bank Rate data that came out in line with expectations of 0.75%. The Votes and Monetary Policy Summary together with the MPC Official Bank Rate data release came out today at 11:00 GMT, in which all votes were in favor to hold the rate unchanged. .
The Central Bank said: "Since the Committee's previous meeting, there have been indications, most prominently in financial markets, of greater uncertainty about future developments in the (EU) withdrawal process."
| Historical Data Table: Official Bank Rate | Economic Calendar for 14.09.2018 | ||||||||
| Date | 22.03.2018 | 10.05.2018 | 21.06.2018 | 02.08.2018 | 13.09.2018 | 10:00 AM | UK BOE Gov Carney Speaks | ||
| Actual | 0.50% | 0.50% | 0.50% | 0.75% | 0.75% | 12:30 PM | US Core Retail Sales m/m | ||
| Forecast | 0.50% | 0.50% | 0.50% | 0.75% | 0.75% | 12:30 PM | US Retail Sales m/m | ||
| Initial Reaction on Main Pairs | SWFX Sentiment Indexes | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| GBP/USD | 1.30624 | 1.30615 | -0.01% | GBP/USD | 55.02% | 44.98% | |||
| EUR/GBP | 0.88939 | 0.89016 | 0.09% | EUR/GBP | 26.00% | 74.00% | |||
| GBP/CAD | 1.69903 | 1.6981 | -0.05% | GBP/CAD | 70.47% | 29.53% | |||
| GBP/JPY | 145.641 | 145.68 | 0.03% | GBP/JPY | 49.16% | 50.84% | |||