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Bank of England made £8 bln profit from quantitative easing fund

By   || June 1, 2010 at 06:21 GMT
|| 1 comment || Add comment

The Bank of England is sitting on an £8 bln net profit from its £200 bln quantitative easing fund.

Cable up marginally in early European trade, presently at 1.4510.  Sell orders noted up at 1.4540/50, stops just above there,  Buy orders noted down at 1.4450/60, stops through 1.4420.

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One Response to “Bank of England made £8 bln profit from quantitative easing fund”

  1. Ariel on June 1st, 2010 07:20 GMT

    what just happened? Sterling/Yen got slammed…

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