BOE MPC voted 8-1 to keep interest rates unchanged

FXStreet (Mumbai) - The Bank of England (BOE) Monetary Policy Committee (MPC) minutes released immediately after the rate decision show policymakers voted 8-1 to keep interest rates unchanged.

BOE member Mcafferty remained lone voter in favour of a rate hike.

Nov 5, 2015

RBA wants policy to be accommodative to support borrowing & spending

When The Reserve Bank of Australia (RBA) met on 3rd November to decide on their policy stance, they maintained that the monetary policy was required to be accommodative. The policy makers sighted how lower interest rate was supporting both borrowing as well as spending. They thus opined that it was best to leave the cash rate unchanged at 2.0 per cent.

USDCAD: Tilted higher in the footsteps of GBPCAD - TDS

Research Team at TDS, note that the USDCAD put in a decent rally yesterday that punched above resistance in the 1.3160/70 region only to fail ahead of the 1.32 figure.