Disappointing Retail Sales Keeps Pound on the Defensive
May 22, 2013 at 3:29 PM GMT
The US, UK and Japanese central banks are in the spotlight on Wednesday with testimony, meeting minutes and interest rate decisions on the docket. The Bank of Japan finished its two day interest rate meeting, discussing the merits of its quantitative easing program. The meeting minutes from the Bank of England showed little surprise, with a result that kept future Gilt purchases in check. Federal Reserve Chairman Ben Bernanke is [...]