Excerpt from:  Spot Forex
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September 04, 2008

Bank of England, European Central Bank Stay the Course

Spread bets and CFDs on interest rates
Policymakers at the Bank of England and the European Central Bank are once again hoping that they can ride out the economic slowdowns in their economies, while trying to keep inflation in check.
While the euro dropped in forex trading against the U.S. dollar on this news, the U.K. pound actually made gains.

The Bank of Canada also kept its interest rate unchanged at 3 per cent.

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Topic Tags:  Bank of Canada, Bank of England, CFDs, euro forex trading, European Central Bank, interest rate, spread bets, spread bets interest rates

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