BoE likely to remain on sidelines – TDS

Sandeep Kanihama FXStreet Contributor

Analysts at TD Securities are expecting the BoE to remain quiet on the sidelines on Thursday as Brexit uncertainty peaks, with a unanimous 9-0 no-change policy meeting.

Key Quotes

“The economy is broadly tracking in line with their Feb forecasts.”

“With Brexit headlines intensifying, and the FOMC tonight, markets remain fluid ahead of tomorrow's BoE meeting.”

“We do not expect this month's MPC to provide GBP with a major directional push as Brexit concerns dominate.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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