The minutes from the Bank of England monetary policy meeting this morning have not led to any huge surprises and once again we have had what can only be described as a fairly stable morning of trading for the Pound so far.

Next on the cards is GDP figures for Germany on Friday which has the ability to kick the Euro rate back into action one way or another but again the way the market has been of late I don’t expect anything major to happen… Expectations are for growth of 0.2% so should this be slightly out and lead to a negative figure then there is the slight chance we would see weakness for the Euro.