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Key Week For GBP with BOE Minutes & 4Q GDP

From fxtimes.com

The Bank of England meeting minutes will be crucial to determine the expectation for the BOE in its subsequent meeting in February and March. The asset purchase program which was expanded by £75 billion in October to £275 billion is expected to be completed in early February. Therefore investors are keenly watching to see if there any hints about a possible further round of QE to be announced at these next two meetings. With the economy struggling and prospects of the euro zone sovereign debt crisis deteriorating the market had for the most part priced in further QE from the BOE coming into the beginning of the year. ... (full story)

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