RTTN:Pound Steady Ahead Of UK Claimant Count, BoE Minutes
(RTTNews) - At 4.30 am ET, the Bank of England is set to publish the minutes of the Monetary Policy Committee meeting held on August 3 and 4. The central bank retained its key rate at 0.50 percent and asset purchases unchanged at GBP 200 billion.
In the meantime, U.K. claimant count is due from the Office for National Statistics. The number of people claiming jobseekers allowances is seen at 20,000 in July compared to 24,500 in June. The claimant count is forecast to remain unchanged at 4.7 percent.
The pound halted its post-SNB downtrend and traded mostly in sideways pattern ahead of the data. The sterling is presently quoted at 125.78 against the yen, 1.2880 against the Swiss franc, 1.6420 against the US dollar and 0.8763 against the euro.
