"The Bank of England’s Monetary Policy Committee meets later this morning and is almost certain to leave both official interest rates and the level of Quantitative Easing unchanged.

In keeping with other G7 nations, the Central Bank wants to be certain that the recovery has solid foundations before it begins to taper bond purchases.

Concerns remain that the withdrawal of the Government’s stimulus measures will have a significant effect on the economy, employment in particular, and could drive the bank into the unprecedented step of introducing negative interest rates later in the year.

With Andrew Bailey having undertaken to provide UK banks with as much notice as he can, he now faces a delicate decision in how much advance guidance he can give to the wider market. He cannot tell one specific sector without informing everyone.

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Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.