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BoE's Blanchflower on wire

Posted by Forex Ira on Thu, 11/29/2007 - 5:13am in

Says wants BoE to get ahead of the curve.  Lomex says rates are high relative to other G 7 countries

Its looking like BoE will cut rates , possibly at next week's meeting

GBP down to lows against USd at 2.0630

EUR/GBP up from 0.7138 to 0.7152 and GBP/JPY approaching the break of 227.00 

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