Wednesday, 24 February 2010

Sterling falls vs euro on BoE QE comment

" LONDON, Feb 24 (Reuters) - Sterling fell against the euro on Wednesday after Bank of England policymakers left the door open to more asset puchases under quantiative easing.BoE Monetary Policy Committee member Adam Posen said the central bank would expand its quantiative easing programme if necessary after it put the 200 billion pound scheme on hold earlier this month."

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