Of course, the Fed - will give the main impetus for the direction of major currencies this week, but still there is a meeting of the Bank of England, to which you should pay attention to pound traders. It would be very surprising if the Bank announced further measures, particularly in respect of purchases of assets. At the moment there is one committee member who wants to and another that wants to increase interest rates from current levels. There is also potential to reduce rates and / or change the way compensation reserves of the Bank, as an alternative means to mitigate policy without the use of quantitative easing.The Bank currently holds 29% of government bonds from Britain freely traded, so there is a limit on the volume of purchases before they begin to complicate the lives of investors to debt markets. Pound started the week relatively mild, although recently it pushed up manufacturing PMI data for October. Nevertheless, the approaching meeting of the Bank of England on Thursday will keep investors on their toes, given that political action is more likely after the monthly report on inflation (November - one of them).
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