Special report: BOE Decision and Fickle Markets
It wasn't even one month back when the market was pricing in a near certain rate hike from the Bank of England at today's meeting. And yet, as we head into the decision, we're staring at a completely different expectation, one that wouldn't conceive of any upward adjustment to the rate just yet.
Next 24 hours: Central Bank Currency Killers
The two currencies with the central bank meetings were the ones hit hardest on Thursday, both extending declines against the surging US Dollar. Looking ahead, key standouts on Friday come in the form of the Canada jobs report, US import prices and Michigan confidence.