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The Bank of England's interest rate decision is scheduled for release at 8:00 am ET Thursday. Economists widely forecast the interest rate to be kept at 0.75 percent and asset purchase program at GBP 435 billion.
Ahead of the decision, the pound declined against its major counterparts.
The pound was worth 144.93 against the yen, 0.8683 against the euro, 1.3034 against the franc and 1.3119 against the greenback at 7:55 am ET.
