Pound up as QE programme paused

28 July, 2011


The Bank of England has said it will not extend its quantitative easing programme beyond £175bn for now – and the Pound has spiked up as a result.

Often such spikes are short-lived, so gains of nearly 1c against the Euro and US Dollar may not be available for long. Contact Currency Index for the latest update on 0800 043 2623.