Bank of England do nothing and sit and watch at today’s interest rate meeting and take the view they don’t want to harm the humble recovery despite the recent rise in House Prices.
Whilst this is good for those with a mortgage, if you are looking to buy euros the BOE has not done us any favors.
Tomorrow is the largest economic figure in the diary is US Non Farm Payrolls (employment number). This will set the tone for Pounds to US dollars