The Bank of England and the ECB both have policy meetings tomorrow morning. The BoE took care of...

|By:, SA News Editor

The Bank of England and the ECB both have policy meetings tomorrow morning. The BoE took care of business last month with additional QE, but action by the ECB is a possibility. Currency strategist John Kicklighter sees swaps as showing a 37% chance of a 25 basis point rate cut. Traders will also look to hear about policy with regard to sovereign bond purchases.