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Sterling as you were

Sterling unchanged at 1.6760 after BoE keeps rates and policy on hold after today’s meeting. Cable earlier spiked up to 1.6793, but is now back at opening levels for the European session. The minutes to this one could be more interesting and cannot rule out at least one member voting for higher rates, as the text of the May meeting minutes reflected the fact that some members were finding the decision to keep rates unchanged more finely balanced.

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