Sterling slides to 2-1/2 year low after Fed, BoE minutes

Posted by Forexsq 1010 days ago (
img Sterling fell to a fresh two-and-a-half year low against the dollar on Thursday and was likely to remain vulnerable after Bank of England minutes showed policymakers edging closer towards looser monetary policy.

BoE minutes contrasted with U.S. Federal Reserve's policy minutes showing some policymakers thought the pace of bond-buying should be stopped or reduced.

Sterling slid as low as $1.5130 on Thursday, its lowest since July 2010, before recovering some of its losses to last trade down 0.3 percent on the day at $1.5195.

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