New Zealand 4Q Manufacturing sales down to 0% vs 1.6%

After the BoE's inaction on either policy rates or the extension of gilt purchases, excited counter-trend Pound players pushed the currency away from the psychological $1.50 area, reaching a session high of 1.5080, 50% fib retrac of the 1.52 -1.4965 decline, yet a steady evaporation of bids has snapped the rate back to the 1.50 vicinity at the NY close.