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Sterling down after BoE left interest rates unchanged

Minutes from the Bank of England's most recent policy meeting released Thursday showed that the Monetary Policy Committee voted 8-1 to keep rates on hold. The minutes show eight members were in favor of leaving the key interest rate at a record low of 0.5%, in line with expectations and unchanged from the previous meeting.
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RBA ready to cut rates if neccessary

Aussie was initially pushed lower this morning after Australia’s central bank Governor Glenn Stevens said accommodative monetary policy is likely to be appropriate “for some time yet”, while adding the macroeconomic impact of recent mortgage rate increases by major banks “may not be large.” “It seems likely that an accommodative stance will be appropriate for some time yet,” Stevens said in the address Thursday. 
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ECB discussed deposit rate cut

At today's meeting ECB left interest rates unchanged. However, euro was pushed lower after ECB President Mario Draghi at the following Press Conference said that ECB is ready to act if 2% inflation target is in danger of being pushed back and that there was discussion on deposit rate cut, as well as set of additional measures. He also noted that ECB projections are based on assumptions. "If they change we have to adjust", Draghi said adding that projections are conditional to QE being fully implemented.
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Sterling slightly higher in a quiet Monday trade

Economic conditions in the U.K. continued to show signs of a struggle with consumer inflation coming in at -0.1%. Average earnings came in at 3.0% versus a 3.1% estimate, but better than the previous 2.9% reading. The claimant count change was 4.6K versus an estimate of -2.3% and the last reading of 1.2k. The unemployment rate did dip to 5.4% from 5.5%.
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