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Saturday, October 9, 2010

No change to market trend or central bank’s monetary policies

Saturday, October 9, 2010
No change to market trend or central bank’s monetary policiesBOE and ECB Rate Decision Law makers opted to leave the benchmark interest rate at record low in Europe, where the Bank of England and the European Central Bank both left rates at 0.50 percent and 1.0 percent respectively. The same pattern was witnessed with both bank’s monetary stance at a time speculations became almost a reality

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