GBP/CAD Outlook: Pound to Canadian Dollar Rate Muted following BoE
The Pound (GBP) traded in a wide range against its peers on Thursday, muted against the Canadian Dollar (CAD) but down against its riskier peers whilst up against the remainder of its counterparts, following the publication of the Bank of England’s latest interest rate decision. As widely expected, the BoE cut interest rates from 5%.
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