As investors await the Bank of England’s monetary policy meeting, the GBPwas up in today’s session against the Dollar and against the CHF. It is expected that rates ofinterest remains at record lows and there is an indecision over whether the government shouldstop the bond purchase program . On the other hand, some are betting that the bankcentral start raising interest rates sooner than expected after inflation hitan almost two-year high in May. In addition, hopes for a recoveryeconomic growth increases as England must lift restrictions onsocial gatherings as planned on July 19, despite the resurgence of cases ofcoronavirus. Finally, the UK government is expected to announce easing in therestrictions for travelers who have been fully vaccinated
Check in: 07:56
Departure: 15:55
Result: 200 points
Source:https://wintrademarkets.com/
