- Cable took half-cent knee-jerk hit to 1.5651 on the back of 5-4 QE APP vote
- King, Miles & Posen wanted to enlarge QE APP by GBP 50bn, Fisher by 25bn
- Majority in favour of more UK QE expected next month (July 5)
- 1.5699 (pre-MPC minutes low) & 1.5710 (Asia low) are now resistance levels
- UK May claimant count unemployment rose by 8.1k. A 3k fall was forecast
- King, Miles & Posen wanted to enlarge QE APP by GBP 50bn, Fisher by 25bn
- Majority in favour of more UK QE expected next month (July 5)
- 1.5699 (pre-MPC minutes low) & 1.5710 (Asia low) are now resistance levels
- UK May claimant count unemployment rose by 8.1k. A 3k fall was forecast
