Marshall Gittler’s Market Outlook: GBP falls despite hawkish BoE; Bank of Canada Wilkins’ speech, Japan CPI

Astonishing move in GBP – it spiked higher after the Bank of England voted 7-2 to keep rates unchanged. The expectation had been for a 9-0 vote, so this was more hawkish than expected. However the move lasted only 10 minutes before GBP/USD was back to where it was before…